Birdwatch Note Rating
2024-08-17 17:23:03 UTC - NOT_HELPFUL
Rated by Participant: BA33073EEAEE114F5D3D6B6EC43DEC19D2BB376CFC8DC8A2649F5452F0B3A14D
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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