The Motley Fool offers commentary on the WSJ’s story that Greenspan will soon appear on television spots to promote www.FederalReserveEducation.org. “we applaud the Fed’s effort and hope the content will become more relevant over time. We also firmly believe that — in its related links area — the Fed should link to The Motley Fool for free, informative, unbiased advice on dozens of relevant topics.” Same goes for Mises.org (no, the Fed does not link here either). Of course there is some good material on the Fed’s new site, particularly data. The best link is to the Minnepolis Fed’s inflation calculator, which tells more about the Fed than all the promotional literature available. Mostly, however, this new domain consists of links to other Fed sites with their dated and clunky “educational” contraptions for which .gov sites are famous. To see how compelling Greenspan is, follow FederalReserveEducation.org’s Alexa rank, which is currently at an astonishingly low 1,200,905—after more than two years online.
