The story of monetary policy – in comic book style – 2385

18th November 2010

"As we noted previously, many of the critics of QE2 have put together a pretty awful track record of analyzing markets, economy and the Fed.

"QE2, for better or worse, has legitimate reasons for criticism, but unfortunately, many current critics are merely spotlight seeking media whores who are rather uninformed as to the workings of the Fed.

"To clarify these misunderstandings, the Federal Reserve has elected to explain the meaning and purpose of monetary policy. They have chosen to do so in a way that is at the appropriate level for at least some of their critics: Comic Book form."

Follow this link to Ritholtz's The Big Picture to see the comic book

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