2 ms·
Dems don't control the fed. A fast rate hike might have caused massive unemployment which would be much worse.
by usaar333 2y ago
Dems don't control the fed.
A fast rate hike might have caused massive unemployment which would be much worse.
- frmersdog 2y agoThey can lean on the Fed, and they did. A fast hike would have caused pain, but the money printing that we did anyway would have helped mitigate that. Instead, it just went to propping up asset prices. Bank Bailout 2.0; we didn't learn our lesson, and the incumbent party was yet again ousted.