Birdwatch Note Rating
2024-12-26 19:16:46 UTC - NOT_HELPFUL
Rated by Participant: 6FA541D823798553A43DED316E95060066DCC3F36F4FCBA5485D2D7D04EEC268
Participant Details
Original Note:
The Fed combines public and private elements. Its Board of Governors is a federal agency, but its regional banks operate independently. While the dollar is no longer backed by a physical reserve, its value is supported by the US government's credit and the Fed's monetary policy https://www.federalreserve.gov/faqs/about_12798.htm
All Note Details