Federal Reserve Bank Analysis
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Current precedent setting actions taken by the Federal Reserve Bank allowed America to deviate away from potential economic collapse and advance toward economic stability in just four years. Although many are a little skeptical of central banking, historically monetary policy has proven effective in increasing the longevity of economic expansions and decreasing the longevity of economic recessions. Along with advocates, such as Ron Paul, stressing Fed transparency, Fed policymakers adequately promoted economic growth and steered America clear of a deep recession by trading off the value of the USD and commodity prices.