Assignment:
"The Federal Reserve System" Please respond to the following:
• Choose a position to defend:
• "The U.S. Congress and the President should have enough leverage and power to control the Federal Reserve's actions in both the short and long run."
• "The Federal Reserve should be independent from political pressure in designing and implementing monetary policy."
"Monetary Control" Please respond to the following:
• Create an analogy or metaphor that explains how banks create and destroy money - one that would be understood by someone with absolutely