[stepstop]

> The Fed's stated goal is to create jobs, not destroy them.

That’s not true. Here’s the truth: https://www.federalreserve.gov/aboutthefed.htm

[kbutler]

https://www.federalreserve.gov/faqs/what-economic-goals-does...

    The Congress has directed the Fed to conduct the nation's monetary policy to support three specific goals: 

 * maximum sustainable employment,
 * stable prices, and 
 * moderate long-term interest rates. 

   These goals are sometimes referred to as the Fed's "mandate."  [hn formatting added]

[stepstop]

Thank you. My mistake, not sure how I missed that word!

[SllX]

Right there in your link:

> conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy;

(Emphasis mine)

Every single bullet that follows either restates the first bullet or is tertiary.

[greesil]

I think they are referring to quantitative easing.