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   Philip Weiss (Phil in SF) (kingrat@sfba.social)'s status on Tuesday, 12-Nov-2024 05:41:36 JST Philip Weiss (Phil in SF)

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   • Zach Weinersmith

   @ZachWeinersmith controlling inflation is primarily the purview of the Fed, which is semi-independent of the Democratic administration

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     Zach Weinersmith (zachweinersmith@mastodon.social)'s status on Tuesday, 12-Nov-2024 05:41:37 JST Zach Weinersmith

     So, it seems like at a policy level the US basically accepted somewhat higher inflation than other developed countries in exchange for a thriving economy. Successful according to most economists, but it may have cost the administration a second term. Do you agree, and how do you think it'll affect future decisions?