Reforming the Federal Reserve: A Systemic Approach

This chapter examines the need for reforming the US Federal Reserve in light of the absence of counter-cyclical tools and the negative impacts of the dollar's global dominance. It explores systemic issues in finance, particularly the challenges faced by small businesses due to bank lending practices, and critiques the Federal Reserve's regulatory measures post-2008 financial crisis. The discussion emphasizes the importance of innovative solutions to stabilize the financial system and address systemic inequalities.