Birdwatch Note Rating
2023-02-12 11:23:14 UTC - HELPFUL
Rated by Participant: 0B7F54D7B736FA7C5B2BC07825A8328A599794A8207E47F8504677A426258BEB
Participant Details
Original Note:
The Federal Reserve is a privatized non-government agency run by the free market with some oversight from the Senate. It is the libertarian ideal for central banking. In 1837, the US’s federally controlled banks were closed and eventually replaced by the Fed 80 years later. https://newrepublic.com/article/159415/milton-friedman-federal-reserve-libertarian https://education.nationalgeographic.org/resource/federal-reserve
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