I’ll probably get downvoted to shit for being a centrist shill on this issue but I think the fed actually does good work. Runaway inflation is a lot worse for poor people than a couple years of high interest rates.
The fed prints money like mad for 2 years and you think inflation hasnt runaway?
The fed is owned and operated by the biggest banks in the USA, they look after their own self interests and we should abolish the central bank immediately (just like the founding fathers wanted)
I’ll probably get downvoted to shit for being a centrist shill on this issue but I think the fed actually does good work. Runaway inflation is a lot worse for poor people than a couple years of high interest rates.
The fed prints money like mad for 2 years and you think inflation hasnt runaway?
The fed is owned and operated by the biggest banks in the USA, they look after their own self interests and we should abolish the central bank immediately (just like the founding fathers wanted)
Trump pressured them to not raise rates for the last 2 years of his term when we desperately needed to
Trump had nothing to do with the 4T bailout the Fed gave to major banks (read:itself) in late 2019.
They dont need apprval to print money, they do what they want.
Inflation was high for about a year. That’s a hell of a lot better than other times in history and in many other places today