So here’s another excellent infographic in this same series (this time, on the Federal Reserve):

(Apologies for not writing longer posts – I’m currently travelling for work, with INCREDIBLY uneven internet access).

(But also, you know the Wizard of Oz? As it turns out, that book was written as a kind of allegorical fairy tale about the particular set of circumstances that sort of caused America to have the Federal Reserve. I’ve done a post on it before, which you can check out here: The Wonderful and Economic Wizard of Oz.)

Rolling Alpha posts opinions on finance, economics, and sometimes things that are only loosely related. Follow me on Twitter @RollingAlpha, and like the Rolling Alpha page on Facebook at www.facebook.com/rollingalpha.