Week 1: A History of the Federal Reserve and its bizarre organizational chart. The Fed as a legal “counterfeiter” and the implications for the overall economy. Week 2: How the banking system augments legal “counterfeiting” with the aid of the Fed. The historical relationship between the behavior of the Fed/ banking system “counterfeit” money/credit and the overall economy, including inflation. Week 3: How the Fed actually conducts monetary policy and the problems with it. Fed monetary mistakes and the political effects of these mistakes. Because the Fed has such an important effect on the economy, should it be allowed to operate with so little oversight from either Congress or the president?