In order to discuss a nation's monetary policy, it's necessary to first understand who the monetary policymakers are. This leads us to the subject of this video: the Federal Reserve System, otherwise known as the central bank of the United States of America. We'll discuss how the Federal Reserve System was conceived, its structure, and its functions.
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00:00 Intro
01:07 History of the Federal Reserve System
01:48 Structure
03:34 Functions
03:57 What to remember
05:58 Conclusion
