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To: DannyTN

“By law they are supposed to focus on unemployment, keeping the dollar stable and interest rates low.”

I’m pretty sure the Fed has the responsibility to maintain a stable/strong dollar, and to keep inflation low (not interest rates low).

Everything else is Congress’ responsibility - although they refuse to accept that responsibiltiy.


31 posted on 12/15/2013 7:40:44 PM PST by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

Read the law!!! Unemployment is listed first.


35 posted on 12/15/2013 7:43:19 PM PST by DannyTN
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