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by landemva
1039 days ago
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Federal Reserve is a private contractor to USA and sets the price of money (interest rates). Their recent statement timidly implied the war is causing inflationary pressures. As a contractor, they can't directly tell the White House to 'knock off the warmaking' so they wrote 'international developments'. https://www.federalreserve.gov/monetarypolicy/files/fomcminu... Page 9:
"Members also agreed that their assessments will take into account a wide range of information, including readings on
labor market conditions, inflation pressures and inflation
expectations, and financial and international developments." If you like to read books, this book about Russia has amazing references including FOIA documents.
https://www.barnesandnoble.com/w/the-plot-to-seize-russia-ma... |
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if so, it doesn't – not only does it not even mention russia's war on Ukraine, it doesn't even mention a rate increase, much less a correlation between the two
not only THAT, but you conveniently ignored all the 4 other factors they listed first
and before you go down the conspiracy theory route of "X can't/won't say the REAL truth but I'll tell you what it is", a lack of evidence for a theory isn't evidence of the theory, and while I'm sure you're a great person, your word in this situation is unconvincing