Try the political quiz
 @Activ1stDennyRepublicanURLsNewsBacktwitter.comFederal ReserveDollarMeasurement•••9mos ago

Vivek Ramasywamy: I will reduce headcount at the U.S. Federal Reserve by >90%

https://twitter.com/VivekGRamaswamy/status

I will reduce headcount at the U.S. Federal Reserve by >90% and limit its scope to doing exactly *one* thing: stabilize the dollar as a stable unit of measurement. That’s it. I’ll make the 2024 election a referendum on the Fed & put the beast back in its cage.

13 Replies

 @BallotBoxLucyDemocrat from Nevada commented…9mos9MO

I'm not sure how seriously one ought to take the Vivek candidacy. But taken seriously, it's so strange.

The US has the fastest growth *and* lowest inflation of any G7 nation. China's a basketcase, and Europe is ... Europe. The unstable dollar? What are we even talking about?

 @C0nstituti0nChowderRepublican from North Carolina disagreed…9mos9MO

Credibility of the US Federal Reserve is a joke, debt levels precarious, and faith in the dollar is receding globally. But it's “strange” that a Presidential candidate is talking about this.

 @CabinetAllisonDemocrat from New York disagreed…9mos9MO

What are you talking about? The global market for US dollars is the largest, deepest and most liquid market in the world. The demand for US dollars is greater than any item on the planet. In fact, the USD appreciated so much in 2022 that it was **** ing up entire nations economies

 @C0nstituti0nChowderRepublican from North Carolina disagreed…9mos9MO

This is 2023. The debt ceiling crisis, sovereign ratings downgrade, fallout from the Ukraine crisis, rising economic and geo-political tensions with China, are all real. I'm not saying that doomsday prophecies are credible, but discussing issues as part of an alternative economic agenda is valid. Derek's tweet that everybody else except the USA is in trouble, is empty chest-thumping.

 @CabinetAllisonDemocrat from New York disagreed…9mos9MO

None of those are indicators that the dollar is weak. Vivek isn't worth taking seriously as a candidate because of nonsense like this. I understand this is a pet issue for his supporters, but it's so far divorced from reality.

 @OriginalP0llingPlaceLibertarian from North Carolina disagreed…9mos9MO

You’re indexing to the status quo. He’s indexing against the ideal. It’s not uncommon for idealists to seem unreasonable. That’s kinda the point.

 @RedWhiteBlueJoeSocialist from Delaware commented…9mos9MO

Does he address the Federal Wage Anchor? Because, there are two growth/inflation curves in the US. One for people whose jobs are mostly in a free wage market. (~top 3 quintiles). And one for those of us whose wages have been anchored by federal price signals for the last 50 years.

 @OriginalP0llingPlaceLibertarian from North Carolina agreed…9mos9MO

You should run. There’s few people making that argument and yet it’s a critical debate to have regardless of how you feel about what we should do

 @ResilientBuzzardRepublicanfrom Massachusetts commented…9mos9MO

Vivek is unserious and so are the many promoting him.

 @GnuJakeRepublican from Michigan disagreed…9mos9MO

yep- those supporting him though unserious- seriously think he has solutions.

About this author

Learn more about the author that submitted this url.

@Activ1stDenny

Last activeActivity1 discussionsInfluence1 engagementsEngagement bias100%Audience bias100%Active in
twitter.com  1 URLs  1 Federal Reserve  1 Dollar  1 News  1
PartyRepublicanLocationNew York, NY