Birdwatch Note Rating
2024-08-18 13:08:31 UTC - NOT_HELPFUL
Rated by Participant: 267B5D9A8487A76CE2E3B3D041C8C029113DB9F137CAE2FEA4D097B741A2DB76
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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