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I would hope that the Fed President would say this, even if they don't believe it. Imagine the reverse, "hey folks, basically if the economy gets any worse we'r
by some_random 2y ago
I would hope that the Fed President would say this, even if they don't believe it. Imagine the reverse, "hey folks, basically if the economy gets any worse we're cooked, but please keep spending money and investing and shit thank you"
- TMWNN 2y ago>I would hope that the Fed President would say this, even if they don't believe it. Completely disagree. It's an incredibly irresponsible thing to say. Experts know that saying that the Fed can "fix" the economy (with this one simple trick, presumably) is ridiculous. Ordinary people ... also know that that is ridiculous. They aren't stupid. They know there isn't a dial in Washington that Jerome Powell or ~~Biden~~ Harris can twist to "fix" things and, voilà, it's all better. People don't like being talked down to and do respond accordingly.