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To what extent is the Federal Reserve independent of political pressures? Is this independence appropriate? Should there be more or less of this independence? Discuss

To what extent is the Federal Reserve independent of political pressures?

Is this independence appropriate? Should there be more or less of this independence?

Discuss at least 2 similarities between the European Monetary Union and the U.S. Federal Reserve.

Discuss at least 2 differences between the European Monetary Union and the U.S. Federal Reserve.

Do you think this European Monetary Union will weather the current economic crisis? Why or Why not?

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