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Author: Old Guy   Date: 9/7/2022 5:05:18 PM  +2/-1   Show Orig. Msg (this window) Or  In New Window

I have posted before that I consider you leaning to be a communist, the more you post the mote it is clear you are not a conservative, you lean way to far to the left.  Ha! A controlled economy!


Your question leads to a flase idea.  The goverment does not manipulate the economy under the Fed.  The Fed makes those decisions and they are not is not the Goverment.


 History like economics was not your best subject in school.  Remember, the US had a series of financial crisis, and the solution was to take control of the financial market away from the government.  So, Congress started the Federial Reserve.  It is not a government agency, it is a mix of public and private enterprises.  It is not funded by the government.  It works independently from the government.  I don't expect you to understand the working of the Fed, but you should know it is made up of 12 banks and is not a government agency.


 
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To crow +4/-2 Old Guy 9/7/2022 12:26:16 PM