Edward ChampionFeb 9, 2025

I'm initiating a new feature called Fascist of the Week.

This week's fascist is Leah Downey, who had the temerity to suggest that Trump seizing the Fed for his own nefarious purposes is a "missed opportunity."

https://www.theguardian.com/commentisfree/2025/feb/09/donald-trump-power-grab-economy-liberals-monetary-policy

#antifascist #fascistoftheweek #obeyinadvance #fed #leahdowney

You may not like Trump, but his power grab for the economic levers is right. Liberals, take note!

The US president has recognised something that is rarely acknowledged: monetary policy is political, says academic and author Leah Downey

The Guardian
Janet FraserFeb 9, 2025

Leah Downey points out a possible blind spot in our thinking about democracy. Why is monetary policy disengaged from the democratic process? Other equally complex issues aren't.

#MonetaryPolicy #politics #democracy #democraticprocess #leahdowney

https://www.theguardian.com/commentisfree/2025/feb/09/donald-trump-power-grab-economy-liberals-monetary-policy?CMP=Share_AndroidApp_Other

You may not like Trump, but his power grab for the economic levers is right. Liberals, take note!

The US president has recognised something that is rarely acknowledged: monetary policy is political, says academic and author Leah Downey

The Guardian
Steve Randy WaldmanOct 5, 2024
"Under a democratic system, we cannot know what policy will be in three months, three years, or three decades time, but we can have confidence in how it will be decided. Recognizing the inherent uncertainty of the future, this view of stability is one that bakes in change." #LeahDowney https://www.phenomenalworld.org/analysis/the-politics-of-stability/
Seeking Stability | Leah Downey

The democratic politics of central banking

Phenomenal World