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https://brainly.com/question/7206436
Nov 21, 2017 · Find an answer to your question "why do economists nearly uniformly support an independent fed rather than one beholden directly to either the president or cong…
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Answer to Why do economists nearly uniformly support an independent’ Fed rather than one beholden directly to either the....
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9. Why do economists nearly uniformly support an independent Fed rather than one beholden directly to either the President or Congress? LO3 Answer: The objective is to protect the Fed from political pressures so that it can effectively control the money supply and maintain price stability. Political pressures on Congress and the executive branch may at times result in inflationary fiscal ...
https://www.federalreserve.gov/faqs/about_12799.htm
The Federal Reserve does not receive funding through the congressional budgetary process. The Fed's income comes primarily from the interest on government securities that it has acquired through open market operations. After paying its expenses, the Federal Reserve turns the rest of its earnings over to the U.S. Treasury.
https://www.federalreserve.gov/careers-economists.htm
Our economists have a strong grounding in economic theory and quantitative methods, a keen interest in applying their knowledge to addressing real-world issues, the ability to communicate clearly, and impressive intellectual curiosity, personal initiative, and collegiality. Qualifications
https://www.debate.org/opinions/should-the-federal-reserve-be-independent
Unfortunately, many economists and banking interests seem to think that an INDEPENDENT Fed is desirable. They want you to believe that it’s necessary for monetary policy to be independent of Congress. Not only is this "independence" unnecessary, it is unlawful!!! It is simply not allowed by our Constitution and there’s no getting around that.
https://www.cbsnews.com/news/why-the-federal-reserve-needs-to-be-independent/
Nov 12, 2009 · The hope is that an independent Fed can overcome the temptation to use monetary policy to influence elections, and also overcome the temptation to monetize the debt, and that it …
http://www.independent.org/publications/article.asp?id=171
Ever since its founding in 1913, the Fed has described itself as an independent agency operated by selfless public servants striving to fine-tune the economy through monetary policy. In reality, however, a non- political governmental institution is as likely as a barking cat. Yet, the myth of an independent Fed persists. One reason this myth persists is that statist textbooks have helped perpet
https://www.investopedia.com/articles/investing/041515/why-federal-reserve-independent.asp
The monetary decisions of the Federal Reserve do not have to be ratified by the President (or anyone else in the Executive Branch). The Fed receives no funding from Congress, and the members of ...
https://www.forbes.com/2009/12/01/grayson-paul-fed-independence-opinions-columnists-thomas-f-cooley.html
Dec 01, 2009 · Why We Have An Independent Fed . ... Why is everyone so wound up about the Fed right now? With the greater transparency that critics are …Author: Thomas F. Cooley
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