Hard to argue with this standard CNBC talking point in today's
world (don't want to get cancelled). But not everyone has the
same opinion about Fed independence and their impartial, non
partisan, god like approach. The vast majority of their
employees are registered in the same party. I believe it's over 70%
and the rest are registered as independents and a very small, less
than 10%, are registered with the GOP (there are actual peer
reviewed studies on this topic available online....I'm guessing
based on reading many months ago...please fact check me). But maybe
this particular herd of PhD's is so amazingly intelligent and
devoted to their craft and their duty to impartiality that they
avoid any alignment with their strongly held beliefs in their
personal political lives? You never know.
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Hard to argue with this
Looks increasingly likely that the Fed is going to start ...
Posted by bthefnd on 12th of Sep 2024 at 03:02 pm
Hard to argue with this standard CNBC talking point in today's world (don't want to get cancelled). But not everyone has the same opinion about Fed independence and their impartial, non partisan, god like approach. The vast majority of their employees are registered in the same party. I believe it's over 70% and the rest are registered as independents and a very small, less than 10%, are registered with the GOP (there are actual peer reviewed studies on this topic available online....I'm guessing based on reading many months ago...please fact check me). But maybe this particular herd of PhD's is so amazingly intelligent and devoted to their craft and their duty to impartiality that they avoid any alignment with their strongly held beliefs in their personal political lives? You never know.