The IRS and the Feds have gone together to create several Special Purpose Vehicles (SPVs). You can think of these as little stand-alone organizations. They are being used to implement several new “emergency” Federal Reserve operations, where the IRS is involved to make it legal. The other 98% of the Federal Reserve (everything they do now) is unchanged, operating exactly as before. Same with the IRS, they are unchanged. But there are a couple of new SPVs that both the Feds and the IRS will participate in. That’s the only thing that has changed.
Ok but if the Fed and the IRS have bought into these stand-alone organizations that would mean there’s a blurring of the lines and an obvious partnership now between the two. That would allow one to influence the other and vice versa. Should one have more stock invested into the organization they could boss around the other, no?
Nope. No he is not.
Ok I’m willing to be told I’m wrong, that’s why I put a question mark in the title. What do you understand that I don’t?
The IRS and the Feds have gone together to create several Special Purpose Vehicles (SPVs). You can think of these as little stand-alone organizations. They are being used to implement several new “emergency” Federal Reserve operations, where the IRS is involved to make it legal. The other 98% of the Federal Reserve (everything they do now) is unchanged, operating exactly as before. Same with the IRS, they are unchanged. But there are a couple of new SPVs that both the Feds and the IRS will participate in. That’s the only thing that has changed.
Ok but if the Fed and the IRS have bought into these stand-alone organizations that would mean there’s a blurring of the lines and an obvious partnership now between the two. That would allow one to influence the other and vice versa. Should one have more stock invested into the organization they could boss around the other, no?