Is it true that the Federal Reserve System is a non-political agency? If not, why might you doubt that politic

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Economics and politics

2007-08-28 05:44:23 · 4 answers · asked by Anonymous in Social Science ➔ Economics

The Federal Reserve System is a corporation owned by member banks. It is not political. Part of your question seems to be missing.

2007-08-28 05:50:36 · answer #1 · answered by Barkley Hound 7 · 1⤊ 1⤋

Greenspan, the head of the fed, was in office through both dems and rep. administrations because he did a good job. It shouldn't be political.

2007-08-28 05:50:21 · answer #2 · answered by Anonymous · 0⤊ 1⤋

Yes.

2007-08-28 05:48:47 · answer #3 · answered by M.McNulty 2 · 0⤊ 1⤋

It tries to be, and usually succeeds.

2007-08-28 05:49:50 · answer #4 · answered by NC 7 · 0⤊ 1⤋