Monetary Policy Explained With Pop Culture

If you’ve ever wondered what the Federal Reserve system does, what “QE3” is all about, or why many of us complain about Ben Bernanke’s handling of the recovery, this article is for you. Mike Konczal of the Roosevelt Institute has created a detailed explanation of monetary policy using animated GIFs of pop culture references.

From Napoleon Dynamite, to It’s Always Sunny in Philadelphia, to Beyonce, Konczal runs through the state of the Fed with easy to grasp and relatable Internet memes.

After reading his article, you’ll no longer glaze over when someone talks about interest rates. Well, maybe, but you’ll know what they mean for the economy at least.

Leave a Reply