Birdwatch Note Rating
2024-12-04 16:29:32 UTC - HELPFUL
Rated by Participant: 19E667D4EBCA0818C5242591F3188C758AD3B9408B7764239D63A77F6838A99E
Participant Details
Original Note:
The Federal Reserve isn't a private bank, but a hybrid group that serves as the central bank. It operates as a public entity and includes some private elements: https://www.atlantafed.org/about/publications/fed-structure-and-functions/functions https://www.stlouisfed.org/in-plain-english/who-owns-the-federal-reserve-banks The Federal Reserve does not “print money”: https://www.stash.com/learn/5-myths-federal-reserve/ https://www.investopedia.com/terms/f/federalreservebank.asp: The IRS is not a “collection agency” for the Federal Reserve: https://www.investopedia.com/terms/i/irs.asp#:~:text=The%20Internal%20Revenue%20Service%20(IRS)%20is%20the%20U.S.%20government%20agency,detecting%20irregularities%20in%20tax%20returns. https://en.wikipedia.org/wiki/Internal_Revenue_Service
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