It is naive in this situation because you have a huge majority that does not even know about the FED. Without proper education, you cannot hold your representatives responsible for their actions.
Well, all banks are subjected to regulations. In fact, there are three state regulators, which I don't know off the top of my head. For sure the Federal Reserve Board is indeed a regulator.
I learned that bank failures were set up by a bank that wanted to take over them all, which became the fed.
ReplyDeleteIt is naive in this situation because you have a huge majority that does not even know about the FED. Without proper education, you cannot hold your representatives responsible for their actions.
ReplyDeleteWell, all banks are subjected to regulations. In fact, there are three state regulators, which I don't know off the top of my head. For sure the Federal Reserve Board is indeed a regulator.
ReplyDelete