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> Private capital buys all the other risks. What about the Fed? It is not private capital.
by bradleyjg 5y ago
> Private capital buys all the other risks.
What about the Fed? It is not private capital.
- mym1990 5y agoThe Fed operates as both a public and private entity, while the Board of Governors is a governmental agency, the the Federal Reserve Banks are set up like private corporations. Whether that makes the actual capital private, I am not sure, but I think it is a noteworthy fact.