The Fed's mission is neither to keep inflation low nor to worry about the labor market, they are lying through their teeth. The Fed's mission is to keep the bond system stable, with low volatility, so that the US can finance itself at low cost.

The US lives at the expense of the other countries that buy its debt. To lower the volatility of the bond system basically what is done is to print money (QE), look at the correlation between the drop in volatility and the rise of bitcoin.

Now look at the high volatility of the bond system since 2022, this volatility will be suppressed because the US is more indebted than ever and needs more money than ever.

You better have your savings in noe's ark (#Bitcoin).

https://m.primal.net/LNBb.png  

 🎯 

 The main reason the FED was created was just to provide confidence during recessions to avoid bank runs. This way the banks don't need to worry about their fractional reserve. 

Why private banks are going to want to create an entity to control them? Because is there to protect them 

 Well if that's true too bad for the other countries. How's that any of my concern. 

 Yep, that is why you should save in Bitcoin, at least 🤝