Birdwatch Note Rating
2024-08-17 18:49:45 UTC - NOT_HELPFUL
Rated by Participant: 8DB2531EB4B09EFEB4A0D1F7896F540B6AD92D165F13AD02E5C4D841AF3CF41F
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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