anonymous
  • anonymous
Is the Federal Reserve part of the public or private sector?
Finance
schrodinger
  • schrodinger
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anonymous
  • anonymous
It's a decentralized central bank, inside the government and independent from it. Get more information in http://www.slate.com/id/2200411/
anonymous
  • anonymous
Public
anonymous
  • anonymous
thanx Vinicius Caldas. seems that the answer is still in the twilight zone though. How about the privlic sector?

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anonymous
  • anonymous
Its private
anonymous
  • anonymous
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
anonymous
  • anonymous
My conclusion: the Fed does not use any taxpayer money to fund its operations so it must be private
anonymous
  • anonymous
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.

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