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I know they're considered "independent", that said they're still a central authority created by Congress to control the money supply whose members are president
by mandelbrotwurst 8y ago
I know they're considered "independent", that said they're still a central authority created by Congress to control the money supply whose members are presidentially appointed, with a .gov domain name to boot.
- rapsey 8y agoFed Board of Governors are appointed and a part of the government. The actual Fed banks themselves are owned by commercial banks.
- godzilla82 8y agoBut do they report to the government?