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In the US the Federal Reserve is in private hands.  Government regulation is quite indirect.  

The Fates are kind.
by Gaianne on Fri Jan 19th, 2007 at 08:55:58 AM EST
[ Parent ]
the printing presses do not belong to the Fed.  If the Fed gets sideways with Congress, poof, they go away.  Not to mention the Govt appoints many of the directors.
by HiD on Fri Jan 19th, 2007 at 06:06:18 PM EST
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