Why money machine suggest another source of fed independence


Problem

Case Study: Central Bank Independence and Price Stability

One source of independence for the Fed is the term length for members of the Board of Governors. In the chapter before last, we learned that the Fed is a "money machine." Does this suggest another source of Fed independence from Congress?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why money machine suggest another source of fed independence
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