Caligirl
Oh yes it is too!
- Aug 25, 2008
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Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the United States Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power.
This is a first, having an international group of economists review US financial practices in an effort to help out.
Some say that having a dozen PhDs looking at our situation doesn't do squat to change anything. Other people see the move as an indication of a weakening US economy and presence in general.
What do you think about this.
West Wing: The Shrinking Influence of the US Federal Reserve - International - SPIEGEL ONLINE - News