Amazon.com Widgets
  • The Fed is Out of line

    The Federal Reserve is not part of the united states government. It is a private entity that works with the government. They print money, stimulate the economy, and inflate the dollar bill severely. They have been reckless for the last decade and nobody is capable of holding them responsible. The Fed has got to go.

  • It's too powerful.

    The Federal Reserve continues its inflationary policies, bailing out big banks, while ordinary Americans suffer the ill effects of an economic downturn. I would argue that in some ways the Federal Reserve has not overstepped its mandate simply because its mandate was always too sweeping-- i.e., it was too powerful from day one-- but I'm sure that like every bureaucracy its power has only grown over time. It's time to cut back this beast, or at least audit it so we know what we're dealing with.

  • Supervising and regulating banking institutions

    Yes, the Federal Reserve overstepped its mandate.Talk of the economy has dominated politics since the housing market collapsed in 2008 and sent the country into a serious recession. Trying to diagnose the problem of exactly where the recovery of the American economic system has gone wrong, some have placed the blame on the Federal Reserve, the central banking system of the United States. The Fed was founded in 1913 after a series of economic panics threatened the stability of the country, and since then its responsibilities have grown. Secrecy, bailouts, and inflation have left working Americans holding the bag.

  • Yes, if you want to stop paying for play money.

    The Federal Reserve has overstepped the mandate. America has been paying for this play money since 1913 and it is repsonsible for much of the national debt. In other words, it acts as a credit card. The Federal reserve has no budget or no audit. Attempts have been made to stop the Federal Reserve in the past.

  • Where would you be?

    Where would you be if hundreds of massive companies went under in the United States? How would you buy a house if no bank was there to give your a mortgage? How would you be able to get a car if no one was able to giving you a loan?

    The points on the "yes" side clearly don't understand some very important points about economics. The job of the Fed is to control inflation and to control inflation you need to keep the economy alive. If it hadn't been for quantitative easing, many of today's assets would be none-existent.

  • Where would you be?

    Where would you be if hundreds of massive companies went under in the United States? How would you buy a house if no bank was there to give your a mortgage? How would you be able to get a car if no one was able to giving you a loan?

    The points on the "yes" side clearly don't understand some very important points about economics. The job of the Fed is to control inflation and to control inflation you need to keep the economy alive. If it hadn't been for quantitative easing, many of today's assets would be none-existent.

  • No, the federal reserve has not overstepped its mandate

    No, I don't believe that the federal reserve has overstepped its mandate. While there have been a massive number of complaints against the Fed for basically not doing their job properly in supervising banks like the big four and others, there have also been complaints saying that the Fed have overstepped their boundaries by allowing bailouts and underhandedly pushing certain companies to file for bankruptcy. These people can't have their cake and eat it, too. The Fed has not overstepped its boundaries at all, and those that criticize it for supposedly doing so are hypocrites if they also criticize the Fed for not doing enough.


Leave a comment...
(Maximum 900 words)
No comments yet.