Birdwatch Note Rating
2024-08-17 16:56:11 UTC - NOT_HELPFUL
Rated by Participant: 81DDB4F4D4010A4DB8DCC0AF9107034BBE6F54C9A38EBEA38C7E1A18DFB8C260
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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