Monetary Policy

Monetary policy is something everyone should know about. My teacher has an Uncle named Alan Greenspan that is directly involved with the U.S.’s use of monetary policy. When studied, people will learn that monetary policy is the policy used to fix interest rates and set those rates to stimulate the economy or to slow the economy down. In order to shed light on this subject, I have done research on the people that are in charge of setting the latest trends when it comes to using any type of monetary policy and that would be the Federal Reserve Bank or just the FED. The Federal Reserve Bank in San Francisco shared some information to aid in learning all about how monetary policy effects macroeconomics.
Okay, we have laid down the guidelines of what the paper is going to be about now, let’s see what the book will have to offer. The book used for this class written by the Great David C. Colander states on page 328 that Monetary Policy is a policy of influencing the economy...