1. What is the Fed’s role?
The Fed Reserve implements national monetary policy, supervises and regulates banks, maintains financial stability, and provides banking services.
2. What is the quantitative easing?
Quantitative easing is a strategy that central banks can use to increase domestic money supply through asset purchases.
3. How has the Fed contributed to rising income inequality?
4. How has the Fed fueled increases in corporate debt?
5. What have companies done with all the borrowed money?
6. What is Kaskhari’s defense of what the Fed has done?
7. How has the Fed fueled a bubble in asset prices (stocks, bonds, real estate)
8. What is Moral Hazard?
Moral hazard is a risk, the risk of a party not signing a contract in good faith or providing misleading information about its assets, liabilities, or creditworthiness.
9. How is inflation related to what the FED has been doing?
10. What is the conflict of interest in auditing?
11. What is Mark to Market Accounting? What did it allow Enron to do?
12. What was the culture like at Enron?
13. How was hurting California not in the best interest long-term interest of Enron?
14. What was Arthur Andersen’s role in the scandal?
15. What was the Milgram experiment and why was it related to Enron?
16. Is Sarbanes-Oxley enforced much? What is the evidence?
17. Why were there almost no criminal prosecutions of accounting fraud during the financial crisis (Lehman Brothers, Countrywide are examples)?
18. What is the revolving door between the SEC and the private sector? Why is it a problem?
19. Why didn’t the SEC catch Madoff?
Fed`s role
The Federal Reserve acts as the U.S. central bank, and in that role performs three primary functions: maintaining an effective, reliable payment system; supervising and regulating bank operations; and establishing monetary policies. Ever since the COVID-19 pandemic struck, the Federal Reserve has gotten plenty of kudos for moves that have helped stabilize the economy, kept house prices from tanking and supported the stock market. The Fed`s policies have helped generate jobs and reduce unemployment, which was their goal. In the process, however, the Fed has accelerated the decades-long increase in economic inequality by helping increase the wealth of people at the top far more than it has increased the wealth of working-class Americans.
rts to create an initial sense of curiosity and as Ken Robinson, 2016 explains his YouTube video ‘’What is creativity?’’, he highlights the importance of creativity in schools, where he breaks down the process into: Imagination: bringing a concept back into our minds through interoperating stimulus; Creativity: putting that ‘imagination’ to work and working towards an outcome; Innovation: Putting those ideas into practice through igniting every pupils creative potential (Robinson, 2016). ‘’Claxton, Lucas and Webster (2010:9), writing about embodied cognition within education wrote that ‘Handling materials and literally ‘’getting to grips’’ with problems allows us to see things and inform our understanding in ways that simply looking and thinking do not.’ ‘’ They suggest: Learning to be more practical which involves higher levels of thinking skills that learners would benefit from. The notion of active/object-based learning stimulating the minds of young children is also highlighted through authors Owen-Jackson, Claxton, Lucas and Webster (2013, p.71), where they mention the importance of such a pedagogy in relation to children’s evaluative and cognitive development. So, are we as educationists limiting our pupils’ rational thinking when we teach and expect the processing of information through a visual and passive means only? With such wide-ranging learning practices, should our classrooms not be involved in more learning that makes room for hands on experience and critical reflective thinking? Including those in a more inclusive learning environment where all our senses can be utilised for a richer learning experience?
When considering learning styles and methods of teaching, popular forms of active/object based learning methods are used as a pedagogy in the school environment. To name a few, there are demonstrations, group work, watching video-clips, the use of text-books and hands-on games/activities. These active/object based learning methods exist to cater all pupils and abilities in the classroom and to allow different learners to feel included. ‘’Any time one teaches from direct experience, students are able to approach the subject in the way that best suits them; the kinaesthetic-tactile students are able to handle and manipulate real objects or to move around as part of a stimulation.’’ And similarly, “Real objects are concrete, and some students need the concrete to learn.’’ Grant (1983, p.155 and p.173) emphasises in these two points, that through kinaesthetic learning and real objects, pupils can acquire information from their own body movement. Their muscles, tendons and joints create data that enables this learning experience to further grow and for them to make sense of the stimulus. This is extremely relevant in a design and technology classroom as this is where imagination grows generated from data collected through the body and executed into innovative designs.
This supports John Dewey’s theory (1983) of experimental learning and understanding through such methods of teaching, allowing a holistic view of pupil learning experiences, as well as taking into consideration assessment for learning when reflecting on successes and failures. Grant (1983, p.145) states, ‘’The learner is like a television set which can receive information on several channels. Usually, one channel comes in more clearly an