SUMMER SCHOOL 7: The Fed & Volcker's Socks

The Federal Reserve plays a very important role in the economy. When things start to look uncertain, the central bank is tasked with stepping in to restore people's confidence in the economy. But how do they do it? On today's episode we dive deep on monetary policy and the role of the fed. |At <em>this </em>Summer School, phones ARE allowed during class... Check out this week's PM <a href="https://www.tiktok.com/@planetmoney?lang=en">TikTok</a>! | Listen to past seasons of Summer School <a href="https://www.npr.org/2020/07/15/884827691/planet-money-summer-school">here</a>.