Re:Why do U.S. coins seem to be in short supply?
by belltaco on Sunday July 19, 2020 @09:06PM
(#23893761)
The Fed's stated goal is to create jobs, not destroy them.
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Re:Why do U.S. coins seem to be in short supply?
by stepstop on Sunday July 19, 2020 @09:46PM
(#23893978)
> The Fed's stated goal is to create jobs, not destroy them.
That’s not true. Here’s the truth: https://www.federalreserve.gov/aboutthefed.htm
Re:Why do U.S. coins seem to be in short supply?
by kbutler on Sunday July 19, 2020 @11:27PM
(#23894421)
https://www.federalreserve.gov/faqs/what-economic-goals-does...
The Congress has directed the Fed to conduct the nation's monetary policy to support three specific goals:
* maximum sustainable employment,
* stable prices, and
* moderate long-term interest rates.
These goals are sometimes referred to as the Fed's "mandate." [hn formatting added]
Re:Why do U.S. coins seem to be in short supply?
by stepstop on Monday July 20, 2020 @08:50AM
(#23897230)
Thank you. My mistake, not sure how I missed that word!
Re:Why do U.S. coins seem to be in short supply?
by SllX on Monday July 20, 2020 @02:09AM
(#23895097)
Right there in your link:
> conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy;
(Emphasis mine)
Every single bullet that follows either restates the first bullet or is tertiary.