|
| When Johnson was racking up national debt to fund the Vietnam war, he famously got pissed off at Fed Chair William McChesney Martin who raised interest rates to dampen inflation.
You want to blame the Fed and other central banks for wars but you very literally dont know what you are talking about. Nobody who is in position to make decisions at the Fed gets any profit from the Fed. It is remitted to the US treasury. This is stupidity.
The Fed is very often playing cleanup for fiscal deficit spending. That is it.
Edit add: Do you blame the mail carrier for bringing your credit card invoice? The Fed has made poor policy choices, but blaming them for wars is the stupidest thing I have read on this website in some time.
Edited by reformedbanker 10/18/2025 20:07
| |
|
So you think its about TARRIFS on China
