2min chapter

The Compound and Friends cover image

Jill On Money

The Compound and Friends

CHAPTER

The San Francisco Fed and the Transfer of Money

The Federal Reserve has a lot of oversight of the big banks, but part of the beauty of Dodd-Frank was that as much as a belly-aking and bitching that these big banks did, they all have made money hand over fist. We already knew about the bond market. Well, that's the thing. If we're going to ask for regulation, it has to be smart regulation,. And we have to endow the regulators with the ability to make these changes.

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