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What about the part where the president appoints the

Posted on: September 18, 2024 at 15:27:48 CT
JeffB MU
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Federal Reserve president, and that he nominates all of the members of the board of the federal reserve, and they are overseen by Congress & must testify before them periodically?
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MESSAGE THREAD

     The rate cut won't drop prices .......nm - tigertix MU - 9/18 14:42:16
     Why do we need a Crisis-Level rate cut if the economy is so - North co-co champs MU - 9/18 13:43:36
          For the exact same reason we needed an - GODZILLA MU - 9/18 13:55:31
     The Fed isn't as independent as they pretend. (nm) - JeffB MU - 9/18 13:21:15
          is that why they raised rates over the past 4 years? - Ace A - 9/18 13:23:45
               They had to to control the inflation that was killing Biden - JeffB MU - 9/18 13:30:29
                    So the rate rise was not political, it was to actually - Ace A - 9/18 14:01:30
                         That is not an either/or proposition. It can be & usually is - JeffB MU - 9/18 14:04:12
                              Is this speculation on your part? The governance structure - Ace A - 9/18 14:09:13
                                   What about the part where the president appoints the - JeffB MU - 9/18 15:27:48
               If you listen to the analysis - 4TigersinMichigan MU - 9/18 13:25:45
                    is that the smoking gun you rely upon? - Ace A - 9/18 13:26:38
                         I am not relying on anything - 4TigersinMichigan MU - 9/18 13:30:41
                              Some hold but not held by you? I'm confused by your - Ace A - 9/18 14:02:12
                                   I never gave my opinion - 4TigersinMichigan MU - 9/18 14:41:37
                                        the Fed is an apolitical organization - Ace A - 9/18 15:05:57




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