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The FED is not a part of the federal government. They are completely separate entities. The FED can set interest rates. The federal government can set taxes.
by Ancalagon 4y ago
The FED is not a part of the federal government. They are completely separate entities.
The FED can set interest rates.
The federal government can set taxes.
And there is no overlap of those powers between the two.
- throwaway20222 4y agoYes. But those both impact the economy directly, correct? The federal government can also spend which impacts it as well. I appreciate they are separate, but they are intertwined and one has become politically untenable.