Birdwatch Note Rating
2024-08-17 17:11:57 UTC - NOT_HELPFUL
Rated by Participant: 0EED7AE4FD870C2CF663EEB1736D63D7E509A75590FB34E6AEAD0495424CD342
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/
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