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Yes. We’ve written too many checks that we can’t possibly hope to cash. If the fed gets in the way of the fiscal policy makers and their spending, they will ob
by jmoak3 4y ago
Yes. We’ve written too many checks that we can’t possibly hope to cash.
If the fed gets in the way of the fiscal policy makers and their spending, they will obliterate it - it only exists because of a law passed by congress anyway.
Here’s a taste:
https://www.rickscott.senate.gov/2023/3/sens-rick-scott-and-elizabeth-warren-lead-legislation-to-establish-independent-ig-oversight-at-the-federal-reserve https://www.rickscott.senate.gov/2023/3/sens-rick-scott-and-...
Edit:
That SAID, anything can happen. These breakthroughs with AI could very likely change all of that.
- dsfyu404ed 4y ago>If the fed gets in the way of the fiscal policy makers and their spending, they will obliterate it "The enemy of my enemy is my ally" -Rand Paul, probably.
- jmoak3 4y agoThis will be a bipartisan movement, that oversight plan is led by Elizabeth Warren and Rick Scott. EDIT: Would be fun to see Rand Paul crusading for the Fed in defense of spending cuts.