You are viewing a single comment's thread from:

RE: Why Is Everyone Paying Attention To The Fed When It Does NOT Control Interest Rates?

in LeoFinance4 years ago

TF, OK, if the Feds don't control the interest rates, who does?

Sorry if I'm a bit to grasp that. Going back to read your previous article There Is No Printing Of The USD

I totally get the theory, but if USD can easily be thrown to the screen, doesn't that mean electronic units make it easy to manipulate the supply?

It's a surprise to hear the Feds have little power in this madness, I still recall some business tycoons calling out cryptocurrency as a complicated creation, but Fiat is obviously the reason why further maths doesn't actually make sense