The Federal Reserve's September 2024 decision to cut rates by 50 basis points was politically motivated to support the Biden-Harris administration's chances in the election, reflecting the reality that monetary policy has become a tool of political utility rather than a neutral economic instrument.
causalpending
Speaker
Ben HuntEvidence Quote
“everyone in Washington and that includes the press that also includes the Federal Reserve was in the bag for the Biden Harris Administration meaning that we got a 50 basis point rate cut... was the fed's decision in what it was September politically motivated to to cut 50 basis points of course it was of course it was”
Created: 8/11/2026, 7:30:05 AM
My Notes
Loading notes...