this whole thing got me thinking... we need to be careful not to let politics dictate our institutions from within - the Fed's role is to keep an eye on inflation & stabilize the economy, not get swayed by who's in power right now . Bostic may've left, but his legacy should remind us all that true leadership isn't about personal ambition, it's about serving a higher purpose . we gotta protect our institutions from being hijacked by politicians who want to shape the economy to their own interests - it's time for us to have a more nuanced conversation about what that means
man I'm so worried about the fed's independence ... Trump's trying to exert influence over them? that can't be a good thing for america's economy ... Bostic was a great leader, his legacy will be hard to fill ... Jerome Powell is stepping up but what if he gets pressured too? we need the fed to make decisions based on data and not politics
man, can you believe what's going on with the fed?? they're basically being bullied into doing what trump wants, which is crazy bostic's departure is a major blow, he was doing some real good work in atlanta and it's sad to see him go but on the bright side, his successor will be chosen through a national search so hopefully someone with some brains will end up at the helm anyway, this whole thing just highlights how important it is for the fed to stay independent, that's what keeps us from going off a cliff economically
think they're gonna mess with the fed's independence now? since trump wants a say in interest rates, what's next, like, federal bake sales or something? lololol anyone else worried about the implications of a politicized central bank? my money's on powell being pushed out too soon...