4 ms·
>the whole reason they exist is to manage the money supply. That's a lot like saying the whole reason google exists is to help people find information. There a
by cowwithbeef 7y ago
>the whole reason they exist is to manage the money supply.
That's a lot like saying the whole reason google exists is to help people find information. There are greedier reasons for these organizations to exist.
- dragonwriter 7y ago> That's a lot like saying the whole reason google exists is to help people find information. No it's not. > There are greedier reasons for these organizations to exist. Any “greedier reason” for the Fed is a particular application of managing the money supply; it to exists to manage the money supply, independently of whether it exists to do that for the public interest or “greedier reasons”.