Understanding the Fed Reserve is not really all that complicated...perhaps without realizing it, consumers do understand the effects the Fed Reserve has on the market place - new homeowners are more apt to buy when mtg rates are low, and most homeowners know the benefits of low mtg rates and are quick to re-finance when rates drop. What has helped understand the Fed Reserve in recent years is the Fed Reserve is not as secretive as in the past, and thankfully recent Chairpersons don't use "Greenspan-speak".
From his bio, former Fed Chairman Ben Bernanke "is now a distinguished fellow in residence at the Brookings Institution, a nonprofit think tank in Washington that studies economics, government and foreign policy issues".
Yes, the RF invites a wide variety of interesting people - some I agree with and some I do not agree with - and with an approx seating capacity of 3,500, the Altria Theater is filled to capacity with RF patrons who purchase season tickets...the Forum is perhaps the only gem I find in VA.
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