Steve H. Hanke a professor of applied economics at The Johns Hopkins University in Baltimore and a senior fellow at the Cato Institute had an interesting article in Forbes Magazine last week on the Fed in which he writes “The federal reserve is scrambling to convince the public that it is not a secretive institution that acts at the behest of Wall Street, but the public isn’t buying the Fed’s line. According to a Gallup Poll conducted in mid-July, the Fed received the lowest approval rating of the nine government agencies and departments evaluated–even lower than the Internal Revenue Service.” Read the rest …