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>Like all central banks, the Federal Reserve was designed to make money for the government from its monopoly on issuing currency. Ah yes. The obscure third of
by Aunche 4y ago
>Like all central banks, the Federal Reserve was designed to make money for the government from its monopoly on issuing currency.
Ah yes. The obscure third of the Fed's dual-mandate.
- alxmng 4y agoThat quote is really bad for a newspaper that calls itself Wall Street journal. It screams “I don’t know anything about macroeconomics”