• FlashMobOfOne@lemmy.world
    link
    fedilink
    arrow-up
    50
    arrow-down
    2
    ·
    edit-2
    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
      link
      fedilink
      English
      arrow-up
      18
      arrow-down
      3
      ·
      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

      • technocrit@lemmy.dbzer0.com
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        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
          link
          fedilink
          English
          arrow-up
          1
          ·
          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