Carrol Cox wrote: >> ere the Fed public as is (much) of Congress, and with simply more >> people on it, such epochal events as the appointment of Volcker would >> receive some messy public discussion.
Doug: > He was confirmed by the Senate, you know. Doug is right that Congress and the Fed usually work together. In fact, many in Congress like the independence of the Fed since it means that _they_ don't get the blame. However, having more formal control over the Fed by Congress would mean that there are more ways for the population to pressure it. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
