In the century since the Federal Reserve was founded in 1913, how has it performed? According to Roger Lowenstein, it gets a “B.”
The author of America’s Bank, a history of the Fed’s founding, sat down with The Motley Fool’s Gaby Lapera and John Maxfield to cover the central bank’s history, focusing in this clip on its three biggest failures over the past 100 years.
A full transcript follows the video.