Thread: What authority does the Fed really have?
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RoninLB		 RoninLB is offline
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Location: Peoples Republic of Long Beach, NY
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Quote:
Originally Posted by Rick Lee View Post

The Fed, however, has zero authority for writing laws on lending practices by creditors who have nothing to do with federal money.


bank lending and private lending must be different.
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Old 12-19-2007, 07:14 AM
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