freeborn | ἐλεύθερος on Nostr: > The Fed decided to bail out the government in the middle of an election process of ...

> The Fed decided to bail out the government in the middle of an election process of all moments. The Fed’s questioned independence is even more doubtful today. Cutting rates to help an overly indebted government has become part of the electoral campaign.

https://mises.org/mises-wire/fed-cut-interest-rate-bail-out-treasury