TwistyLex@discuss.tchncs.detoNews@lemmy.world•Are you better off than you were four years ago? It can be a murky picture for many
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3 months agoBiden doesn’t control the fed. It’s an independent entity.
Biden doesn’t control the fed. It’s an independent entity.
This is something I’m currently struggling with. I rent a house and the roof is leaking in two different rooms. Problem is that last time I had the landlord do any repairs he increased my rent by $300 a month. I know that having a leaky roof is damaging his property, but it’s only a minor inconvenience for me at the moment.
I’m not about to spend an extra $6,000+ a year just to preserve his property when I can keep it from bothering me with a tack, some string, and a pitcher for the water to go into.
Can he replace the Fed chair arbitrarily though?