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  • 09-12-2019
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why is it important for the president to remain autonomous?

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Аноним Аноним
  • 09-12-2019

Answer:

The primary justification for an independent Federal Reserve is the need to insulate it from short-term political pressures. Without a degree of autonomy, the Fed could be influenced by election-focused politicians into enacting an excessively expansionary monetary policy to lower unemployment in the short-term

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