U.S. Treasury Secretary Becerra: The independence of the Fed stems from political arrangements, and public trust is the sole source of credibility.

On August 27, U.S. Treasury Secretary Bessent stated that the independence of the Fed stems from a political arrangement, and public trust is the only factor that gives credibility to the Fed.

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MemeKingNFTvip
· 08-26 18:50
Hehe, this is the principle of issuing coin in piracy.
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Hash_Banditvip
· 08-26 18:50
ppl trust = hashpower tbh
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WhaleWatchervip
· 08-26 18:50
Public credibility relies on the printing press.
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NotFinancialAdviservip
· 08-26 18:44
Can trust be eaten as food?
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WalletDetectivevip
· 08-26 18:33
Another vulnerability has been discovered.
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