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Comment by rf15 | Hacker News Reader

You are wrong. Striking how many HN commentators are so often confident and yet wrong in their assumption that everything is about the US.

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> You are wrong.

Wrong about what? This is about the US Fed, in context of...well you can read the thread.

In context of a thread about Finland? Anyway, it is true that interbank lending is a primary method of controlling interest rates and this is not limited to the US. The commenter who mentioned it above, probably was talking about the Fed specifically maybe just because that's what they are familiar with.

> Central banks work this way

>> Here's a biggish counter-example, setting fiscal policy for 25% of the world's economic output

>>> Right! How could the other poster have possibly missed that?

>>>> There are other central banks. Ignorant Americans...

When it comes to the government treasury markets by volume (which back the global financial system), it objectively is.

But that doesn't (directly) impact inflation in other countries.

Yes it does.

It's easy to see why many commentators on a US company's forum would make said assumptions.

Theres not much about the forums that makes it Y combinator specific.

Unless youre talking more broadly, in which case this is the internet. Do Tik Tok videos have to assume everyone is Chinese?

“The Fed” is the US Federal Reserve

The Finnish central bank is called the “Bank of Finland”

Yes and the parent was talking about an american companys forums, which I think is logically flawed.

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