2006-11-02 07:48:10 · 8 answers · asked by Anonymous in Politics & Government ➔ Government
Sure. Their economic policies keep inflation, unemployment, deflation, recession and depression in check.
2006-11-02 07:52:06 · answer #1 · answered by jim 6 · 0⤊ 1⤋
FYI - THE FED - is actually not a goverment owned agency or company it is a private company run by regular "rich" people. The company is there to try and help control the inflation and interest rate that normal " poorer" people have to pay. For the most part they don't help or hurt the ecconimy. They just make things more interesting when people try to get a loan.
2006-11-02 08:01:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The Federal Reserve is privately owned. There is nothing Federal about it other than the fact that it impacts our government.
2006-11-02 08:00:40 · answer #3 · answered by LadySable 6 · 1⤊ 0⤋
The "Fed" regulates the economy somewhat so that stuff like the great depression does not happen again. Was the great depression good for US citizens? If you don't think so, then you should thank the fed for keep another one from happening.
2006-11-02 08:04:18 · answer #4 · answered by Roman Soldier 5 · 0⤊ 0⤋
Absolutely
2006-11-02 07:52:38 · answer #5 · answered by jerry4_fun 2 · 0⤊ 0⤋
no there is no benefit
It's Not Federal or A reserve?
They have taken our real money (Gold) and given us a Fiat currency that allows our Government to get in Debt
2006-11-02 07:54:49 · answer #6 · answered by mmmkay_us 5 · 0⤊ 0⤋
usa gives away 30 billion dollers to the zionist state of israel. each and every year
2006-11-05 04:06:04 · answer #7 · answered by fair-and-squire 4 · 0⤊ 0⤋
I am English so have no idea.
2006-11-08 05:28:19 · answer #8 · answered by Ollie 7 · 0⤊ 0⤋