Birdwatch Note Rating
2024-08-18 02:41:40 UTC - NOT_HELPFUL
Rated by Participant: 0B653E19B93AF881F7BCDF057725CE501A6A19C7FA8A4F939ED734D8062A79C7
Participant Details
Original Note:
The President has no role in monetary policy and can't lower interest rates, the "independent" FED does that. The last time the FED was pressured by politics led to decade long inflation under FED chair Miller "Without question the most partisan and least respected.." https://en.wikipedia.org/wiki/G._William_Miller https://www.cfr.org/backgrounder/what-us-federal-reserve#:~:text=Its%20core%20responsibilities%20include%20setting,and%20the%20COVID%2D19%20pandemic. https://fortune.com/2023/02/01/pandemic-stimulus-money-caused-excess-inflation-fed-study/
All Note Details