ilmscore | Prediction Details
"the Federal Reserve Bank was created in 1913 they are now our Central Bank in the United States the interesting thing about the Federal Reserve Bank is they're not federal it says so on their website they're not a reserve because they're not sitting on any cash reserves and they're not a bank you and I can't go there to deposit money however they have the ability to set interest rates monitor our monetary policy meaning our money plan in the United States and they also have the ability to essentially print money"
By Minority Mindset | January 6, 2025 | Pending
From video
The Wealth Divide: Why Investors Are Thriving and Workers Are Struggling 00:06:06 - 00:06:41
Interpreted Prediction
Explains the creation and functions of the Federal Reserve Bank, highlighting its ability to set interest rates, monitor monetary policy, and print money, while noting its non-federal and non-traditional banking status.

Prediction Details

Topic
Monetary Policy

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