Presidential candidate Joe Biden has caused a stir with an ambitious economic proposal?
Oh let's see when he gets into office he will borrow(not spend) 5 trillion dollars From The Federal Reserve credit line and imposed racial equity by giving out free money and benefits to The BLM for voting him in.
Campaign promises and balancing the budget are two birds of the same feather. False leadership under the guise of free money for all. It's all a joke on the taxpayers with hyperinflation and a war to blame it all on.
Presidential candidate Joe Biden has caused a stir with an ambitious economic proposal: making racial equity part of the U.S. Federal Reserve’s mandate. Critics worry that such an explicitly political goal will compromise the central bank’s independence, and undermine its efforts to do what is best for the economy as a whole.
Actually, I think it’s a great idea. If Congress insists that the Fed act to reduce racial inequality in labor markets, it won’t benefit only Black Americans. It will achieve better economic outcomes for the country as a whole.
This discussion has been closed.