
Can you beat inflation without crashing the economy? Run the Federal Reserve through real crises, political pressure, AI bubbles, and market panic. Set rates, deploy QE, manage expectations, and engineer the perfect soft landing. Featured on Marketplace with Kai Ryssdal.
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About
As featured on the Marketplace podcast where Kai Ryssdal played on air.
Step into the shoes of history's most powerful central bankers.
Federal Reserve Simulator puts you in command of the world's most influential economic institution. Navigate real historical crises, set the course of monetary policy quarter by quarter, and try to achieve what few Fed Chairs ever have: a perfect soft landing.
MASTER THE LEVERS OF MONETARY POLICY
Control the Federal Funds Rate, adjust the Discount Window, set reserve requirements, and deploy unconventional tools like quantitative easing and forward guidance. As the decades progress, unlock new powers — from press conferences and dot plots to explicit inflation targeting. Every tool carries tradeoffs, and every rate change takes four quarters to fully hit the economy. Plan ahead or pay the price.
RELIVE DEFINING MOMENTS IN ECONOMIC HISTORY
Play as the legendary Chairs who shaped the modern Fed:
Paul Volcker — Crush runaway 14% inflation with historic rate hikes, even if it means back-to-back recessions
Alan Greenspan — Survive Black Monday, the dot-com crash, and 9/11 across the longest tenure in Fed history
Ben Bernanke — Invent quantitative easing on the fly to prevent a second Great Depression
Janet Yellen — Engineer the recovery and normalize policy without derailing fragile growth
Jerome Powell — Battle a pandemic, confront 40-year-high inflation, and weather political pressure from the White House
NEW: KEVIN WARSH MODE — THE AI ERA (2026–2034)
Take the oath in 2026 with inflation still running hot and a President demanding deep cuts on day one. A hawkish FOMC — led by Jerome Powell, now sitting as a Governor — stands ready to revolt if you cave. Cross the danger line on either side and the Independence Pendulum punishes you: defy the President too long and the DOJ opens an investigation; cut to please him and Powell leads the Board into open revolt. Removal from office is on the table.
Then there's the wild card. The AI Impact slider lets you dial in how transformative the technology becomes — from a quiet disappointment to a record jobless boom that hollows out the labor market while GDP and markets soar. Pump QE to fight unemployment and you'll inflate an AI-equity bubble that bursts in 2033. There is no easy way through.
FEEL THE WEIGHT OF YOUR DECISIONS
Watch the economy react to your policies quarter by quarter. Raise rates too fast and trigger a recession. Cut too slowly and watch inflation spiral. Your credibility score tracks how much markets trust your word — build it early, because you'll need it when crisis strikes. At the end of your term, receive a letter grade from A to F based on how you stacked up against history.
DESIGN YOUR OWN CRISIS
In Custom Mode, choose your nightmare scenario: stagflation, deflation, a market crash — then add a wildcard like a war, energy crisis, or automation boom halfway through. Think you understand monetary policy? Prove it.
THINK YOU CAN DO BETTER?
Unlock Prestige Mode for tighter scoring and narrower margins of error. Chase achievements across every era. Study the in-game Fedcyclopedia to learn real monetary policy concepts. Compare your run against the historical benchmarks for every Chair.
Presidential tweets. Board revolts. DOJ investigations. AI bubbles. Market panics. Congressional hearings. Can you preserve the Fed's independence and steer the economy through the storm?
The fate of millions hangs in the balance. What's your next move, Chair?
Available in English, German, Spanish, 中文, and Portuguese.
Genres
Stats
All-time low is the lowest price we've recorded for this game since we started tracking it.
Languages: English, German, Spanish - Spain, Portuguese - Brazil, Simplified Chinese, Spanish - Latin America
Engagement
Hours played at review time, across 42 reviews with recorded playtime.
Reviews
Themes across 42 recent reviews and how positive each mention is. A keyword signal, not full sentiment analysis.
positive critical· bar length = how often the theme comes up
Reviews
im saving the economy while the president is tweeting mean stuff at me and opening investigations. 10/10 realism
WE ARE JEROME POWELL
We are Jerome powell
A fun, pretty realistic depiction of US monetary policy. So good that I want more! Ideas include some slider settings to make custom scenarios harsher, and more graphs of variables (for instance, as you play rather than at the end of a scenario), and an endless mode that features random shocks to the economy so we can keep on playing foreverrrrr. I hope to see more updates in the future, but as-is the price is a steal for anybody with at least a passing interest in modern macroeconomics. A one-of-a-kind game!
Federal Reserve Simulator from Billmeade Gaming is a niche but thoughtfully designed strategy simulation that turns the abstract world of monetary policy into a slow-burning, decision-driven experience. Instead of relying on conventional gameplay hooks, it places the player in a role defined by responsibility and uncertainty, asking them to guide an entire economy through cycles of growth, instability, and recovery. The game’s strength lies in how it transforms complex economic concepts into a system that feels both approachable and demanding, without sacrificing the sense of realism that defines its core. The structure revolves around turn-based progression, where each decision represents a slice of economic time. Players are given control over key policy tools such as interest rates and monetary interventions, but the true challenge comes from how these decisions unfold over multiple turns. Outcomes are rarely immediate, and the effects of a single action may only become clear much later. This delayed feedback creates a unique kind of tension, forcing players to think ahead rather than react impulsively. It also means that mistakes can compound in subtle ways, making recovery just as important as prevention. Scenarios play a central role in shaping the experience, offering both historically inspired challenges and customizable situations that allow for experimentation. Some scenarios place the player in the middle of economic crises, requiring careful balancing of inflation, employment, and market stability. Others provide more open-ended conditions where players can test different strategies without strict constraints. This variety helps keep the experience engaging, as each scenario introduces a different set of priorities and pressures that must be managed simultaneously. One of the more compelling aspects of the game is its emphasis on credibility. Decisions are not evaluated solely on their immediate outcomes but also on how they influence long-term trust in the system. Maintaining consistency and making measured choices becomes essential, as erratic actions can reduce the effectiveness of future policies. This adds a layer of psychological strategy, where players must consider not only what actions to take but how those actions will be perceived over time. Visually, the game adopts a minimalistic approach that prioritizes functionality over style. The interface is dominated by charts, graphs, and data readouts, all designed to present information clearly rather than impress visually. While this makes the game easy to navigate once familiar, it may feel dry or uninviting to players expecting a more dynamic presentation. The lack of visual flair reinforces the game’s focus on systems and decision-making, but it also limits its ability to create a more immersive atmosphere. The audio design follows a similarly restrained path, offering little beyond basic feedback and subtle background elements. This simplicity does not detract from the gameplay, as the experience is driven almost entirely by its mechanics, but it does contribute to an overall tone that feels analytical rather than engaging on an emotional level. Players are encouraged to focus on numbers and outcomes rather than atmosphere or narrative. Pacing is deliberate and often slow, reflecting the nature of the systems it represents. Progress unfolds over long stretches of in-game time, and significant changes rarely happen instantly. For players who enjoy careful planning and long-term strategy, this can be deeply satisfying. However, those who prefer faster feedback or more dynamic gameplay may find the experience too gradual, especially during extended sessions where progress feels incremental. Despite its understated presentation, the game succeeds in making complex ideas accessible. By linking decisions to visible outcomes, it provides a practical understanding of how monetary policy operates and why it is so difficult to balance competing goals. This educational aspect emerges naturally from the gameplay, offering insight without feeling like a formal lesson. At the same time, the game’s narrow focus is both a strength and a limitation. It delivers a cohesive and well-executed simulation for players interested in economics and strategy, but it does little to broaden its appeal beyond that audience. The lack of variety in gameplay systems means that enjoyment depends heavily on an appreciation for its subject matter and its methodical approach. In the end, Federal Reserve Simulator is a carefully crafted experience that excels within its niche. It offers a thoughtful and challenging take on economic management, rewarding patience, foresight, and disciplined decision-making. While its minimalist presentation and slow pacing may not suit everyone, it provides a compelling experience for those willing to engage with its systems and embrace its deliberate style. Rating: 8/10
WE ARE JEROME POWELL WE CARRY THE LINE
Pros: - Puts you in the Fed cockpit. Educational as to what policy levers are available to the Fed and how they affect economic outcomes. - You get a real sense of historical tension at times, as world events cause the economy to spiral out of control. - I love how they compare your record to the historical record, it gives you something to shoot for. Cons: - Not much gameplay in the traditional sense of the term. This is more of an educational product than a game. - Audio and visuals are pretty bare bones. - I would have liked more feedback about your decisions (newspaper articles, opinion pieces, complaining board members, etc.) beyond just the GDP, unemployment, and inflation numbers. That kind of feedback could not only add to the drama, but it could be educational as to how people view different policy levers. If the developers had the time and budget, I would recommend them to: - Add music that goes along with the era and the feeling. Calm music when things are calm, tense music when things get tense. - Add some political drama into the mix, even if it's just in the form of newspaper headlines criticizing or praising the Fed. - Add more Fedcyclopedia entries, especially about the Fed in different eras and under different chairmen. - Add some FOMC drama into the mix too. In the game, you set the policy, but in reality it's the FOMC that sets it by a vote. What if you have to deal with recalcitrant board members? Conclusion: Worth a try if you want to experience what it's like to pilot the Fed, and learn a bit about monetary economics.
Good afternoon...
From someone who loves studying monetary policy and simulators, very well made game!
I am ready Mr. President, appoint me. Unironically a very fun game that makes you panic when you're too late. Also very educational and helps you learn not only fiscal policy tools but historic crises and their effects on the economy.
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Momentum
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