ST Alpha - "So the plan by the Fed was to raise interest rates so they could drop them in an election year?" (Reading a Post)

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So the plan by the Fed was to raise interest rates so they could drop them in an election year?

Posted by Mop🧹 (aka rburriel) Dec 15 '23, 13:46

That's some Darth Vader stuff going on there. To be fair, the electorate has the attention span of a gnat. Biden's gonna win in a landslide.

Responses:

I don't think that's it. They raised rates to reduce inflation. It stopped. If they keep rates high it runs the risk of a recession that is common - pmb Dec 15, 14:14
Oil industry can always take a few refineries off line for maintenance and drive prices up to $5-6 bucks a gallon again, Thanks Biden -- nm - zeitgeist Dec 15, 13:50 2
- domestic oil production under Biden has never pumped more in history -- (link) - hollywood big shot Dec 15, 14:10 1
  - It's not the pumping of crude. Brent, or bithumous shale sands, it's the refining capacity, and they keep that near max 24/7 -- nm - zeitgeist Dec 15, 18:54
my Twitter bubble is actively rooting for Biden to lose, but normal people will not vote for 45 again. - Tim Dec 15, 13:50 3
- usually the ones with "Anti-Zionism is not Anti-Semitism" in their bio, still mad that Pete Buttigieg dropped out before Super Tuesday or Bernie - hollywood big shot Dec 15, 14:02 1
  - my favorite subsection is a marginalized person (especially in the LGBT group) saying they're not gonna vote for Biden - Tim Dec 15, 14:10
- Magats will vote, and they just need to 'depress' more than supress the progressive vote like they did against Hilary -- nm - zeitgeist Dec 15, 13:52
Looks that way, yeah. -- nm - David Dec 15, 13:48

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