The first question:
Two reasons opposing the fed independent and two reasons supporting the fed independent and your own argument.
The second question:
Research and write a comparison of at least four of the presidential candidates’ view on the Independence/Existence of the FED. This must include at least two opposing views.
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1. Two reasons opposing the fed independent and two reasons supporting the fed independent and your own argument.Answer:
The Federal Reserve is one of the most important institutions in the US since it controls the monetary policies. As Thoma (2009) has stated, there are proposals which state that the monetary policies of Fed should be fully audited by the Government Accountability Office (GAO) and it should not be allowed to work as an independent body. Various people have forwarded their opinion on the topic.
The supporters of the policy have stated that the independence of Fed has caused the financial crisis. A. S. (2010) has stated that the first reason is that the loose monetary policies have been labeled as the main reason for the financial crisis....
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