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 Message Thank you! Oops! Related Content The Sequence of Returns A look at how variable rates of return impact investors over time. Data Thieves from Outer Space Learn about the dangers of internet fraud with this highly educational and fun “pulp” comic. How Income Taxes Work A quick look at how federal income taxes work.