Biden doesn’t control the fed. It’s an independent entity.
Biden doesn’t control the fed. It’s an independent entity.
This is something I’m currently struggling with. I rent a house and the roof is leaking in two different rooms. Problem is that last time I had the landlord do any repairs he increased my rent by $300 a month. I know that having a leaky roof is damaging his property, but it’s only a minor inconvenience for me at the moment.
I’m not about to spend an extra $6,000+ a year just to preserve his property when I can keep it from bothering me with a tack, some string, and a pitcher for the water to go into.
Do you honestly think Biden is making the argument that China will pay for these tariffs? So far he’s been pretty clear that it’s about giving American companies an advantage here, not about making China pay.
Can he replace the Fed chair arbitrarily though?