Business Standard

Can monetary policy work in outer space? US Fed's comic book holds a clue

In the comic book world, though, the Fed is no Wonder Woman

Characters featured in the new issue of The Story of Monetary Policy include Glix, a green, lizardlike creature who likes to sing and promote the benefits of 'expansionary monetary policy' 	Photo: Federal Reserve Bank of New York
Premium

Characters featured in the new issue of The Story of Monetary Policy include Glix, a green, lizardlike creature who likes to sing and promote the benefits of ‘expansionary monetary policy’. Photo: Federal Reserve Bank of New York

Jeff Sommer | NYT
What do the Avengers, Wonder Woman and the Federal Reserve have in common? Comics.

The Fed, which has awesome powers in finance and the stock market, packs a graphic punch, too. On Wednesday, it published a new issue of “The Story of Monetary Policy,” set in outer space.

The comic shows the problems caused when money is spent, hoarded and squandered by sentient beings of varied shapes, colours and sizes on an endless array of worlds.

It is the latest of more than two dozen comic books produced by the Fed since the 1950s, according to Andrea Priest, a spokeswoman for the Federal

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 27 2019 | 11:41 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com