The Fed's influence on the Wall Street-centric securities trading market is also huge. The U.S. government itself does not have the right to issue currency. To obtain U.S. dollars, the U.S. government must mortgage future U.S. taxes to the Fed in the form of national debt, and the Federal Reserve Bank of New York is issued as an agent. Various U.S. government bonds have been invested in the securities exchange market. More importantly, the Fed's adjustments to the number of U.S. dollars and interest rates directly affect the trend of Wall Street and even the global economy.
The issuance of US dollars and the adjustment of interest rates may be an important means of the U.S. government to influence the world economy can be derived from this.