Tuesday, May 8, 2018
On Thursday members of the Northwest Coin Club are going to tour the Ninth District’s Federal Reserve Bank, headquartered in Minneapolis. I think I’ve heard about the Federal Reserve Bank almost all of my life, but I didn’t – and still don’t – understand what it is. That is, I’ve read about it, and recently looked up the Wikipedia entry on it, but I’m still not sure I know what it’s for or how it operates. It seems to be a private enterprise and at the same time a US Government entity. I’m hoping to come away from the tour with a better understanding.