Hercules56
Banned
- Joined
- Aug 4, 2013
- Messages
- 17,176
I understand and agree with everything you are saying.attempting to influence and especially undercut independent agencies is not something you want the president to be attempting. they should be introducing policy to create economic growth and let the fed handle the rates.
if you happen to be in the possession of any dollars and have any kind of use for them you want the fed to remain independent
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i also want to point out that inflation is only one factor and isn’t even always bad. inflation needs to be managed but it’s a natural part of fractional reserve banking. a managed inflation rate is a trade off for increased economic growth. dropping rates low isn’t great, it’s to address a problem.
so make good economic policy and let the fed manage the rate imo
But when it comes to the American people, optics are important. Especially when you are running for president.
The American people were really suffering, but when asked if Kamala would do anything different, she said no everything was done just fine.
The optics of that is very poor.
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