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It seems to me that the Fed tries to jawbone the govt to

Posted on: September 21, 2022 at 23:10:32 CT
JeffB MU
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not go crazy on the spending but they really have no control over it.

The president can appoint them & renew their terms or not and does have a lot more influence over them than they do over him or the legislative branch, but in the end they are the ones controlling the interest rates, controlling the money supply & monetizing the debt.
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Watched some old news from the Carter years tonight - 4TigersinMichigan MU - 9/21 21:35:28
     Daft as a brush and practically communist. - TrumpToRushmore MU - 9/21 22:37:44
     Very underrated president. Inherited a dumpster fire - SparkyStalcup MU - 9/21 22:12:03
          Nice troll, however Biden wasn't an actor - mizzouSECedes STL - 9/22 07:37:38
               Trump is a reality TV actor, and will likely be running in - SparkyStalcup MU - 9/22 08:25:40
          He was a terrible president and the country saw it - 4TigersinMichigan MU - 9/22 07:26:35
          Jimmy deregulated oil and gas, airlines, trucking - El-ahrairah BAMA - 9/22 05:10:24
          lol this has to be a parody account(nm) - TigerFan92 STL - 9/21 22:26:43
          Every bad president "inherited" his dumpster fire from the - pinkman MU - 9/21 22:23:06
          Who's the B-actor coming in 2024? - Wildcat KSU - 9/21 22:13:46
               Well, the B-Actor won in 2016. Well, B-movie actor might - SparkyStalcup MU - 9/21 22:16:47
                    How can he run in 2024? - Wildcat KSU - 9/21 22:21:24
                         Looks more likely that Trump has some actual legal - SparkyStalcup MU - 9/22 08:28:15
     Is it really about Biden - meatiger MU - 9/21 22:08:35
          It's the Federal Reserve. They have been given the control - JeffB MU - 9/21 22:48:34
               And the Fed generally works - meatiger MU - 9/21 22:57:29
                    It seems to me that the Fed tries to jawbone the govt to - JeffB MU - 9/21 23:10:32
                         they make space for the government - meatiger MU - 9/21 23:14:37
                              The government always appoint those 'in the club'. - JeffB MU - 9/21 23:29:38
                                   so why do you claim that they - meatiger MU - 9/21 23:32:30
     Where's all these guys now?? - Wildcat KSU - 9/21 22:08:28




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