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It is literally their job: The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial,
by overtonwhy 4y ago
It is literally their job: The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance.
- Hendrikto 4y agoThat‘s a romantic idea, but not what they have done for decades though. The Fed is way too busy propping up the system to prevent collapse.