Birdwatch Note Rating
2024-10-19 16:53:59 UTC - HELPFUL
Rated by Participant: B1AFFEC44D2B20B36BB9C92FD84FC68EBBEC30A0EB7B9188D54CAB95F9269661
Participant Details
Original Note:
While the Federal Reserve has a broad structure that merges public & private sectors, it is indeed a federal entity created to serve public needs. The U.S. dollar's value is maintained through various economic & policy mechanisms rather than a traditional reserve system. https://www.federalreserve.gov/faqs/about_14986.htm https://vaulted.com/nuggets/what-backs-the-united-states-dollar/ https://www.bankrate.com/banking/federal-reserve/federal-reserve-misconceptions/
All Note Details