Birdwatch Note Rating
2024-08-18 18:15:47 UTC - NOT_HELPFUL
Rated by Participant: BAEABDF8F3B6A82B4F1E30F1748CA13B6FCF11AD05D9DEA698DA7EFEA06526FF
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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