(12-19-2018, 01:49 PM)Adam2012 Wrote:

(12-19-2018, 11:42 AM)MalabarJag Wrote:
The deep state is the unelected bureaucracy that lasts from term to term and makes 90% of the policy decisions, irrespective of who was elected. The Fed definitely fits that definition.

Hahahahahaha - hey Byron, you've got another convert here. "Unelected bureaucracy" - that's a good one. You'd think the Fed Chairman wasn't appointed. He was? By Trump? Man, Trump's always at war with the very people he appoints. And the Trumpettes always want to blame someone else. Priceless.

The Chairman is appointed by The President, but doesn't make the decisions.  He simply is the "mouthpiece" of the board.  You really need to educate yourself regarding how our monetary system works.

Also, just because it's called The Federal Reserve (The Fed) it is not a government entity and the board members up to and including the chairman are in fact unelected.

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