The dilemma is that the third, unwritten & unspoken, charge to the Federal Reserve Bank is that its actions must never assist a Democratic President in being re-elected [1]. Provide all the assistance possible to Republican presidents, yes, but never a Democratic or other non-Republican.
[1] or preferably elected in the first place, but t…
The dilemma is that the third, unwritten & unspoken, charge to the Federal Reserve Bank is that its actions must never assist a Democratic President in being re-elected [1]. Provide all the assistance possible to Republican presidents, yes, but never a Democratic or other non-Republican.
[1] or preferably elected in the first place, but that is harder due to the propensity of Republican Presidents to really mess up the general economy and society while in office thus leading to reaction elections
The dilemma is that the third, unwritten & unspoken, charge to the Federal Reserve Bank is that its actions must never assist a Democratic President in being re-elected [1]. Provide all the assistance possible to Republican presidents, yes, but never a Democratic or other non-Republican.
[1] or preferably elected in the first place, but that is harder due to the propensity of Republican Presidents to really mess up the general economy and society while in office thus leading to reaction elections