The Federal Reserve is basically part of the government, under the guise of independence. It's naive that you think otherwise. FDIC is not part of the governme

The Federal Reserve is basically part of the government, under the guise of independence. It's naive that you think otherwise. FDIC is not part of the government and I never said it was, but it does work closely with them. I'm not sure what your point is. As for your claim that the the "fed was issuing forward guidance in 2020", this says otherwise, from 2021 even: Federal Reserve calls inflation "transitory" as it keeps interest rates near zero https://www.cbsnews.com/news/interest-rates-inflation-federal-reserve-transitory/ https://www.cbsnews.com/news/interest-rates-inflation-federa...