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 Question Thank you! Oops! Related Contents What Smart Investors Know Smart investors take the time to separate emotion from fact. TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering. 5 Smart Investing Principles Principles that can help create a portfolio designed to pursue investment goals.