Monday, April 27, 2015

ideas of reform of the fed

Paul Volcker attest to the unhappiness with the chaotic, overlapping, and unaccountable sprawl of government agencies. Often when their is an issue a new institution is created and others are not eliminated. Also, the fed may be too involved and may need to step back. Volcker suggest some reforms and although their are gaps he is focussing on improving the system as it is. 

http://www.economist.com/news/finance-and-economics/21649556-former-central-banker-turns-his-own-kind-fed-up

No comments: