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 | Related Content Inflation and Your Portfolio Even low inflation rates can pose a threat to investment returns. A Taxing Story: Capital Gains and Losses Understanding how capital gains are taxed may help you refine your investment strategies. Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences.