Experimental browser for the Atmosphere
Yeah, the federal reserve doesn't control GDP or Federal Debt. They only keep track of it. As of unemployment, their actions affect it. Amending the Federal Reserve act to make it clear that keeping unemployment low is a primary mandated priority would be good.
May 9, 2025, 8:57 AM
{ "uri": "at://did:plc:bqqmoom6eiznml3kcln47ftd/app.bsky.feed.post/3loq2odoyqc25", "cid": "bafyreiempqgk75fbkaxrkfuviqtsafnip5w2liqh6jsmmweffm42xp66ia", "value": { "text": "Yeah, the federal reserve doesn't control GDP or Federal Debt. They only keep track of it.\n\nAs of unemployment, their actions affect it. Amending the Federal Reserve act to make it clear that keeping unemployment low is a primary mandated priority would be good.", "$type": "app.bsky.feed.post", "langs": [ "en" ], "reply": { "root": { "cid": "bafyreiftltg23hmjfw5cpxahuewxusvvl666elfzfcmlitgkk2bwjlbir4", "uri": "at://did:plc:uutylrjzofmupasln7zq75jm/app.bsky.feed.post/3lopzujr5u22u" }, "parent": { "cid": "bafyreiftltg23hmjfw5cpxahuewxusvvl666elfzfcmlitgkk2bwjlbir4", "uri": "at://did:plc:uutylrjzofmupasln7zq75jm/app.bsky.feed.post/3lopzujr5u22u" } }, "createdAt": "2025-05-09T08:57:40.366Z" } }