Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

misanthrope

(9,639 posts) Wed May 13, 2026, 04:00 PM May 13

Economics majors, I have a question [View all]

Being a History major/Poli Sci minor, I am out of my wheelhouse diving into that arena. So I defer to those with better training.

We know Warsh is going to bend the knee to Trump's desires since he wouldn't even state aloud who won the 2020 POTUS election. That means he will start pressuring the fed to lower interest rates.

If Warsh is successful, extrapolate for us the results. WIll it send the economy into an even deeper tailspin, as I suspect?

7 replies

= new reply since forum marked as read

Highlight:

Economics majors, I have a question [View all] misanthrope May 13 OP

The inflation caused by lowering interest rates is a tax. It eats your savings and paycheck. bucolic_frolic May 13 #1

This is a very interesting take. A HERETIC I AM May 13 #4

I think with the debt out of control and a reckless president spending our money like it grows on trees GoodRaisin May 13 #2

He is one of 12 votes. He cant single handedly Johonny May 13 #3

Spot On ProfessorGAC May 13 #5

Something else to consider. The FOMC and Fed Chair were created to be independent of political influence. It is okaawhatever May 13 #6

I worked Economics when I was in Army intelligence... jmowreader May 13 #7

Latest Discussions»General Discussion»Economics majors, I have ...