atzanteol@sh.itjust.works to News@lemmy.worldEnglish · 4 days agoTrump 'likely' will fire Fed Chair Powell 'soon,' White House official sayswww.cnbc.comexternal-linkmessage-square34fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkTrump 'likely' will fire Fed Chair Powell 'soon,' White House official sayswww.cnbc.comatzanteol@sh.itjust.works to News@lemmy.worldEnglish · 4 days agomessage-square34fedilink
minus-squareOptional@lemmy.worldlinkfedilinkarrow-up0·4 days ago The central bank exists to benefit Capital and grow domestic profit. That’s not a contradiction to them being independent. What we have is a split within the bourgeois on what policy should be. Aw man, not the bourgeois!
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up0·4 days ago That’s not a contradiction to them being independent. If they’re beholden to private banking interests, they’re explicitly not independent.
minus-squareOptional@lemmy.worldlinkfedilinkarrow-up0·4 days agoIndependent of the U.S. Government is the qualification here. No one’s suggesting they’re independent of giant banks, GRU kompromat, or gravity.
That’s not a contradiction to them being independent.
Aw man, not the bourgeois!
If they’re beholden to private banking interests, they’re explicitly not independent.
Independent of the U.S. Government is the qualification here.
No one’s suggesting they’re independent of giant banks, GRU kompromat, or gravity.