Video: The Purpose of the Federal Reserve

1 rating
In this video, Milton Friedman explains the purpose of the Federal Reserve System. He says that the purpose of the federal reserve is to provide cash when there is a run on the banks.
Views: 2,792
Added: 16 years ago.
Topic: The Federal Reserve

Share:

More Economics Videos

The Economics of Recycling The Economics of Recycling Peter Schiff: Why the Meltdown Should Have Surprised No One (2009) Peter Schiff: Why the Meltdown Should Have Surprised No One (2009) George Soros at the World Leaders Forum (Nov 2010) George Soros at the World Leaders Forum (Nov 2010) Muhammad Yunus: Profit, Globalization, Leadership (2/6) Muhammad Yunus: Profit, Globalization, Leadership (2/6) The Purpose of the Federal Reserve The Purpose of the Federal Reserve 350 Years of Economic Theory in 50 minutes 350 Years of Economic Theory in 50 minutes

Comments

There are no comments. Be the first to post one.
  Post comment as a guest user.
Click to login or register:
Your name:
Your email:
(will not appear)
Your comment:
(max. 1000 characters)
Are you human? (Sorry)