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submitted 3 months ago* (last edited 3 months ago) by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[-] FlashMobOfOne@lemmy.world 50 points 3 months ago* (last edited 3 months ago)

Headlines like this are a good reminder of my prime directive: Don't donate money to political parties. Both Harris and Trump have billionaires in their corner and they don't need your money.

Instead, donate to your friends' mutual aid requests or invest it in your own stocks and investments. These candidates aren't going to do anything meaningful to change your station in life, but they will make a trillion dollars appear out of thin air overnight to avoid a major drop in the stock market and your $10-$20 could mean the difference between skipping a day of food and eating for someone you know and love.

[-] solsangraal@lemmy.zip 16 points 3 months ago

they will make a trillion dollars appear out of thin air overnight

that's the federal reserve, which does what it wants and doesn't answer to anyone, including the president

[-] FlashMobOfOne@lemmy.world 9 points 3 months ago

Thank you for adding information to my post. Have a nice evening.

[-] massive_bereavement@fedia.io 5 points 3 months ago

NO KINGS, NO GODS, ONLY FEDS.

[-] technocrit@lemmy.dbzer0.com 1 points 3 months ago* (last edited 3 months ago)

The fed chairman is nominated by the president... But more importantly the fed and the president almost never disagree, even under different presidents. That's because every president is first and foremost a servant of capital.

[-] solsangraal@lemmy.zip 1 points 3 months ago

I haven't seen anything to suggest that the fed "chairman" is anything more than a public talking head to give the impression that the government has something to do with what the fed does.

it doesn't matter whether potus, or anyone agrees with them

this post was submitted on 17 Aug 2024
542 points (98.4% liked)

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