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Yes, it sets critical monetarily policies that regulates our economy. It also ensures that the financial services industry is appropriately regulated and is sustainable.
@agsr, federal reserve is overregulating the banking system and is putting a hugh unnecessary financial burden on the economy. As far as tweaking interest rates, I am not convinced it wouldn't be better off with letting it be. I remember Greenspan messing up with that.
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It also ensures that the financial services industry is appropriately regulated and is sustainable.
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As far as tweaking interest rates, I am not convinced it wouldn't be better off with letting it be. I remember Greenspan messing up with that.
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