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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Joe NYC who wrote (115835)6/14/2000 2:04:00 AM
From: Scumbria  Read Replies (1) | Respond to of 1578665
 
Joe,

Today the Federal Reserve's duties fall into four general areas:
(1) conducting the nation's monetary policy;
(2) supervising and regulating banking institutions and protecting the credit rights of consumers;
(3) maintaining the stability of the financial system; and
(4) providing certain financial services to the U.S. government, the public, financial institutions, and foreign official institutions.


Nothing about controlling the price of tech stocks?

Scumbria



To: Joe NYC who wrote (115835)6/14/2000 2:08:00 AM
From: Scumbria  Read Replies (1) | Respond to of 1578665
 
Joe,

earthquakes and other acts of God

The term "acts of God" implies some sort of unpredictability, when in fact the motions along the San Andreas fault are actually quite well understood and predictable on a long term basis.

Scumbria