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This is the second or third comment I’ve seen online that says this. I’m curious how do you conclude the fed has “never been non-political?” Is this just a matter of using the right terminology? The term “non-political” (also “independent”) isn’t concerned with each board member’s individual party affiliation, or how they vote in elections. It just means that management of the fed and importantly its monetary policy I.e. the federal rate, be guided by data; not influenced by short term goals of politicians and especially not influenced by the President or his administration.

(Edit) all that to say, maybe that’s what you meant by “never at an individual level”?





I have looked at individual votes for far too many years, and they often are politically aligned as per the respective state of the voter. This is not a coincidence, and it's not something to overlook. If the votes were guided by data alone, this pattern would not exist, but it does.



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