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For an interesting discussion of the efficacy of targeting interest rates in mon

For an interesting discussion of the efficacy of targeting interest rates in monetary policy, listen to the Planet Money Central (Bankers’) Question
https://www.npr.org/player/embed/647978880/648163620#
And for more conversation on when the Fed decides to decrease interest rates, listen to the Planet Money Fed Cuts Loose podcast. Then post a discussion thread and two replies to a colleague.
https://www.npr.org/player/embed/745031522/753770701#
Include a discussion of the limitations of monetary policy. What factors do they list in the podcast? Are there any that you would add?
Address the question, what factors have contributed recently to the breakdown of the traditional relationship between interest rates and inflation that monetary policy attempts to control?
For an interesting discussion of the mechanics of where and how dollar bills are printed, listen to the following Planet Money Where Dollar Bills Come From podcast
https://www.npr.org/2019/09/04/757617674/episode-371-where-dollar-bills-come-from
And for a fascinating history of how the dollar become the world reserve currency, listen to the following Planet Money The Dollar at the Center of the World podcast. Then post a discussion thread and two replies to a colleague.
https://www.npr.org/player/embed/526051566/526073682#
Include a discussion of where dollar bills come from. What are they made of?
Address the question, how did the dollar become “the center of the world” (the world reserve currency)? Make sure you discuss the Bretton Woods conference.

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