• solsangraal@lemmy.zip
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    3 months ago

    they will make a trillion dollars appear out of thin air overnight

    that’s the federal reserve, which does what it wants and doesn’t answer to anyone, including the president

    • technocrit@lemmy.dbzer0.com
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      3 months ago

      The fed chairman is nominated by the president… But more importantly the fed and the president almost never disagree, even under different presidents. That’s because every president is first and foremost a servant of capital.

      • solsangraal@lemmy.zip
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        3 months ago

        I haven’t seen anything to suggest that the fed “chairman” is anything more than a public talking head to give the impression that the government has something to do with what the fed does.

        it doesn’t matter whether potus, or anyone agrees with them