Birdwatch Note Rating
2024-10-19 17:24:25 UTC - NOT_HELPFUL
Rated by Participant: D1186653F122B68F3B2FCFE4317F3A223BBE890B5E1728C390F763B58B722AC7
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