Birdwatch Note Rating
2024-08-17 17:26:35 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 705332530D5B98AE7D2E9C2C0B840CDFA5E6F1DA3361F33DF77FDB499316B1AD
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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