Nice documentary, but some essential pieces of info were left out. If Prof. Ferguson wants to educate us about money, he also needs to tell us who makes it these days, what the Fed is and why it can determine interest rates (and thus the state of the US economy). The Fed, as I understand, plays a crucial role in the global financial world, as well as in the amount of national debt, so why didnt Prof. Ferguson devote a good portion of the film showing both the activities and decisions of the Fed, and the resulting implications?Most people dont even know whether the Fed is a private or public institution!
June 24th, 2011 at 8:41 am
Nice documentary, but some essential pieces of info were left out. If Prof. Ferguson wants to educate us about money, he also needs to tell us who makes it these days, what the Fed is and why it can determine interest rates (and thus the state of the US economy). The Fed, as I understand, plays a crucial role in the global financial world, as well as in the amount of national debt, so why didnt Prof. Ferguson devote a good portion of the film showing both the activities and decisions of the Fed, and the resulting implications?Most people dont even know whether the Fed is a private or public institution!