Birdwatch Note Rating
2024-08-17 18:16:10 UTC - NOT_HELPFUL
Rated by Participant: 5D39E8188A2DBCE5FA07CB6EAF2AA435E4EC07FAD9C6253954329A2C0F26AE1D
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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