Question

In the USA, we love bashing and criticizingthe US government for all the problems it has.

However, the government does do some good things. Think about the Federal government, and explain five thingsthat they do very well.

Answer 1

Good works done by the Federal Reserve

1) In the past few years, the inflation hasn't been much high and is controlled very well by the Federal Reserve

2) It had been successful in maintaining the moderate long term interest rates by controlling the monetary policy

3) it worked very well closely with the treasury department and this prevented the global financial crisis during the crisis of 2008

4) The Fed is called as the Bankers bank and it well holds the reserve requirements on the whole.

5) it does well in maintaining the overall financial stability of the system.