Should the POTUS interfere with FOMC's decision?

Discussion in 'Economics' started by schizo, Aug 11, 2024.

Should Trump meddle with monetary policy as he sees fit?

Poll closed Nov 9, 2024.
  1. Yes

    12.5%
  2. No

    87.5%
  1. What? Lol you guys don't even have free healthcare. I think you're a ranked 17th on the freedom scale behind Latvia. :)

    https://worldpopulationreview.com/country-rankings/freest-countries
     
    Last edited: Aug 11, 2024
    #11     Aug 11, 2024
  2. schizo

    schizo

    Now you're starting to piss me off again. If the US election is decided by the popular vote rather than electoral vote, then the states with the most voters (which are New York and California) will decide who will win the race. I don't think Trump will like that idea.

    Now, stay the fuk out of the US race and go back to Canada, ya loonie.
     
    #12     Aug 11, 2024
    vanzandt likes this.
  3. The winnerz of the next major war will be the obvious contender, or it all breaks up into disarray and regional cooperatives take the place of private banks.

    Or, bitcoin fixes this!
     
    #13     Aug 11, 2024
  4. Lol loonie. :)

    We have Provinces and we manage. The problem is the polarization because you only have 2 competing parties...its a shell game. We have 5 parties that have won federal elections.
     
    #14     Aug 11, 2024
  5. Darc

    Darc

    Anyone who thinks a Political party should be allowed to use Monetary Policy for their political agenda is fucked in the Head.

    Sorta like saying Political parties should have control of the Judiciary for their own Political agenda.
     
    #15     Aug 11, 2024
  6. I know you're just an internet opinion aggregator, but this view is actually held by many Trumpers who think he's the god emperer of the United States, and still in charge through some form of continuity of government military order that was switched on during the covid emergency.....
     
    #16     Aug 11, 2024
  7. Peter8519

    Peter8519

    Politicians think they are good at everything. Paul Volcker had a free hand when he tamed inflation.
     
    #17     Aug 11, 2024
    ipatent likes this.
  8. newwurldmn

    newwurldmn

    the explicit checks and balances and inherent throttling of society so it doesn’t delve into chaos at a rapid rate (though the republicans are trying hard to break this)
     
    Last edited: Aug 11, 2024
    #18     Aug 11, 2024
  9. Coin Flip

    Coin Flip

    I voted yes for POTUS interference.

    The way the system is set up now, the chances of the central bank bailing out Wall Street in the next financial crisis is 100%.

    If there is POTUS interference, the chances drop to 99%, with the 1% being if POTUS is of the Libertarian party.

    I will gladly take the 1% chance, as the probability is now non-zero. :cool:
     
    #19     Aug 12, 2024
    MarkBrown likes this.
  10. Hahaha. Only idiot children think health care is "free," perhaps you meant government funded.

    Unless you plan to spend your entire life being an unproductive mooch, you're still paying.


    Ooh. Please don't live here then. The last thing we need are more people who think "freedom" has anything to do with the government giving them "free" health care.
     
    #20     Aug 12, 2024