The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content The 12 Steps to Living Confidently: Savings and Cash Flow Why is Cash Flow so important to understand? Your Cash Flow Statement A presentation about managing money: using it, saving it, and even getting credit. Should I Buy or Lease an Auto? This calculator compares the financial impact of leasing versus buying an automobile.