It's the Ralph Nader Radio Hour.

Stand up, stand up.

You've been sitting way too long.

Welcome to the Ralph Nader Radio Hour. My name is Steve Scrovan along with my

co-host David Feldman. Hello David. Hello, good morning. I'm really looking

forward to learning about this subject today.

Yeah and to help us learn about that will be the man of the hour. Ralph Nader.

Hello, Ralph.

Hello, everybody. You'll hear about a lot of subjects you don't hear or see on radio and television and it's

critical to understanding the whole function of money in American economy.

That's exactly right and it's been a little over 10 years since the crash of 2008, 2009 that marked the beginning of what's known as the Great Recession.

And one of the institutions that was called upon to help pull the country out of this economic downturn was America's Central Bank known as the Federal Reserve.

Now the Federal Reserve has tools at its disposal that perform a number of functions such as setting

interest rates to manage inflation, regulating and providing banking services to

other banks and stabilizing financial markets.

So today, the stock market isn't at an all-time high

and unemployment appears to be an all-time low?

How much credit does the Federal Reserve get for that?

And is it truly a recovery for all? It's certainly been good

for the global financial system, but what about people on Main Street, especially for those

who lost their homes in the crisis and still struggle to make ends meet.

On the show to help us answer that question is Sarah Bloom Raskin.

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