Birdwatch Note Rating
2024-08-17 18:51:42 UTC - NOT_HELPFUL
Rated by Participant: 621E46D684B75C44A0E50F825E7CA1C2D27F26B055C3C300EFD7C5872A8D6835
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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