1 sat \ 0 replies \ @rheedi0 22 Nov 2021 \ parent \ on: Biden to nominate Jerome Powell for second term as Fed chair, signaling continuity amid heavy economic head winds bitcoin
All of this is screwy. Isn't the Fed supposed to be independent of the US government? I don't get why the government appoints the officials then. Sounds a bit like a conflict maybe? 🙃
Also, if anything, the Fed contributes to climate change by encouraging exploitation and over-consumption. They've got it all backwards.