4 ms·
You answer that for the US where the fed system is indeed is indeed mostly private. Not so in most parts of the rest of the civilized world.
by jhoechtl 7y ago
You answer that for the US where the fed system is indeed is indeed mostly private. Not so in most parts of the rest of the civilized world.
- occamrazor 7y agoIt is a commonly believed myth that the Fed is mostly private. The people in charge of monetary policy are appointed by government.
- aguyfromnb 7y ago>Not so in most parts of the rest of the civilized world. We must live in totally different places if you'd prefer monetary policy be established by politicians. I'll take the academics, for better or worse.