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bucky720 Group Title

Is the Federal Reserve part of the public or private sector?

  • 3 years ago
  • 3 years ago

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  1. Vinicius_Caldas Group Title
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    It's a decentralized central bank, inside the government and independent from it. Get more information in http://www.slate.com/id/2200411/

    • 3 years ago
  2. akiroso Group Title
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    Public

    • 3 years ago
  3. bucky720 Group Title
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    thanx Vinicius Caldas. seems that the answer is still in the twilight zone though. How about the privlic sector?

    • 3 years ago
  4. luckychicken3 Group Title
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    Its private

    • 3 years ago
  5. talk2walk Group Title
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    The Federal Reserve System is sometimes described as a quasi-government agency because it contains elements of both the private sector and of government control. Heres a good link describing how it functions. http://www.publiceye.org/conspire/flaherty/flaherty4.html

    • 3 years ago
  6. bucky720 Group Title
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    My conclusion: the Fed does not use any taxpayer money to fund its operations so it must be private

    • 3 years ago
  7. talk2walk Group Title
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    While it does not use tax revenues to fund its operations The Fed does effect the value of tax payer currency through the FOMC decisions to buy and sell t-bills this has an effect on the value of your money.

    • 3 years ago
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