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Wednesday, October 31, 2012

''Is The Federal Reserve Destroying Us Or Saving Us?''

From Problem Bank List

''Most Americans have only a very limited understanding of how the Federal Reserve affects every aspect of our lives.  Neither the Chairman of the Federal Reserve nor the twelve members of the Board of Governors are elected by the American public.  The Federal Reserve operates independently in secret and has the power to make financial decisions that impact the financial well being of every American citizen.''

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1 comment:

  1. The Federal Reserve was formed to promote sustainable economic growth by: stability of prices to help preserve the purchasing power of the dollar, moderate long-term interest rates, ensure high levels of employment, and overall, make sure the U.S. has a sound banking system and healthy economy.

    Thanks
    financialpolicycouncil.org Team
    Fiscal Policy Issues

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