Chart o' Doom



The Mission of the Federal Reserve:


  Today, the Federal Reserve’s duties fall into four general areas:
  
  conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
  supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
  maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
  providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system
  

(via Financial Armageddon: Only One Way to Go in the Long Run)

The Mission of the Federal Reserve:

Today, the Federal Reserve’s duties fall into four general areas:

  • conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
  • supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
  • maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
  • providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

(via Financial Armageddon: Only One Way to Go in the Long Run)