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Max Mustermann
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Comments by "Max Mustermann" (@maxmustermann5612) on "Important that Trump allow the independence of the Fed: Stuart Eizenstat" video.
You the people don't even know what the fed is and how it works :)
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@2bRealist go educate yourself : https://en.m.wikipedia.org/wiki/Federal_Reserve Funny fact: the Board (board of governors) consists of presidential appointees.... so much for private. It reports to the congress IN ADVANCE about their policy upcoming. Congress can enact laws to restrict them. 140+ US Banks are the "shareholders" of the FED and directly profit from its work. So EVERY shareholder of a significant bank owns part of the FED (all you 401K ers too) The major goal of the fed is the financial stability of the USA
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@thrummer1953 The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the President of the United States and confirmed by the Senate for staggered 14-year terms. https://en.m.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors don't confuse the board and the chairman :)
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... so, with what you would buy gold to backup that proposal?
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