Birdwatch Note Rating
2024-08-18 18:17:06 UTC - NOT_HELPFUL
Rated by Participant: 55196D08DCC11C68A0CA75E55D522C4F2655F6E98823EDB54DA34E71A3A2DDC7
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