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Should we abolish the Federal Reserve? Why or why not?
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Anonymous 1d

No, but we should make the Fed an entirely public agency and remove the voting power of private financial institutions on regional Fed boards Then it could prioritize its maximum employment mandate and could prioritize curbing inflation less, lower interest rates would lead to wage growth ideally Also if it was public we could force the Fed to take into account the climate crisis in its financial calculations

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Anonymous 1d

That's insane

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Anonymous replying to -> #2 19h

Why is it insane?

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