“In today’s complex financial markets, financial education is central to helping consumers make better decisions for themselves and their families,” says Ben Bernanke, chairman of the Federal Reserve. But who knew that financial education about a system that has been so much in the news lately could come with some fun approaches for adults and those budding young bankers and economists at home?
When you go to this Federal Reserve educational site, you’ll find a wealth of material on the structure and history of the Fed system, along with information on U.S. monetary policy, banking supervision and personal finance.
You’ll find the usual FAQs, plus a glossary, quizzes, games and a video on “The Fed Today.”
If you wonder what happens to that check you write, or how a dollar bill makes the rounds, you’ll find multimedia answers here. Interactive games such as “Fed Clue” tests what you’ve learned on the site by sending you on a mission. You’ll also be able to connect with “In Plain English: Making Sense of the Federal Reserve,” an online tour with a guide named, naturally enough, “Buck.
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