Assignment
1. When Paul Vrocker became the fed chair in the late 1970's inflation was the primary concern of the Federal Reserve. How and why are the priorities of monetary policy much different today?
2. Describe monetary policy over the past five years. Has the monetary policy path followed by our central bank been effective? Explain your answer as it pertains to GDP, unemployment and inflation.
3. What is the danger of current monetary policy? Explain in detail the concerns of those who oppose the continuation of QE.