
One interesting fact about GOP presidential candidate Herman Cain that few in the media seem to consider news or interview-question-worthy is his time as Chairman of the Federal Reserve Bank of Kansas City. Of course the media don’t draw much attention to Cain’s time as a Federal Reserve chairman because they don’t draw much attention to the Federal Reserve, nor monetary policy. While that has changed a little over the last three years, the amount and depth of news coverage and commentary on monetary policy issues is severely disproportionate and small compared to the scope and influence of monetary policy on our lives.