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Are under the impression the Fed is an arm of the government? It is a private entity.
by tomcam 4y ago
Are under the impression the Fed is an arm of the government? It is a private entity.
- tarboreus 4y agoWeird comment.
- tomcam 4y agoI made it because the parent poster seemed to think it exists for the good of the public.
- lovich 4y agoIt’s a public private partnership, it runs privately but the federal government decides who is appointed to its leadership roles
- tomcam 4y agoYou’re absolutely right. Which makes it perhaps the biggest conflict of interest in history.