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The point is issuance of American debt, and the Fed's role in it, is not privately controlled, neither in fact or in essence. Saying otherwise is an obvious lie
by cynicalkane 5y ago
The point is issuance of American debt, and the Fed's role in it, is not privately controlled, neither in fact or in essence. Saying otherwise is an obvious lie in both senses.
- thoughtstheseus 5y agoJust a financial plumbing nitpick. The TREASURY issues debt, not the Federal Reserve. Everyone agrees the Treasury is part of the federal government.