Pure Hubris. We were elected, so we know what's best.

Do you think that the Federal Reserve will be the next target of this vile regime?

But its one of the main points of MAGA. 'My ignorance is as valid as your expertise.'

He's already been elegized?

Literally the reason the Federal Reserve exists is to make monetary policy decisions without “input” from elected officials. That’s why it’s there.

In a normal world that would be true but we are so far from normal right now.

Exactly It’s the same reason we have a Constitution; But that’s under attack as well

This is generally desirable because the electorate, and by extension their representatives, are toddlers incapable of passing the Marshmallow Test even when the president is not a senile, emotionally incontinent moron.

Federal Reserve independence reflects at least the minimal common sense to put the marshmallows in another room. The kind of choice it was possible to make in an era before indoor plumbing and reading without moving your lips became “elitist.”

🎯😹

Honestly, we shouldn't even be letting any human make these decisions. Monetary policy should be something that is automatically generated through market mechanisms like an NGDP futures market, but these manchildren are not ready for that big boy discussion.

Also, the alternative was a bunch of wealthy bankers making the decisions on their own. This arrangement gave elected officials input, rather than control.

But, but... I really want the marshmallow now

And sadly, JD good and damn well knows this. But he’s just SUCH a smug self-serving little shit liar.

Which Vance knows of course. I think Trump makes him do these shows because he hates Vance and wants him to be as miserable as possible -- even though he needs Vance for the pardons.

Sure, if you want the world to totally abandon the US fiscal system.....let the Pre$ident set the interest rate to whatever he likes! C... R.. A..... S...... H...and BURN

He knows, Julian. They are making a power grab and propagandizing their way through it.

Vance is truly a creature with no principles of his own. A sock puppet for VC billionaires.