Friday, July 19, 2019

Noted Economics Expert AOC Apparently Doesn't Know What the Federal Reserve Is

AOC: Currently Libra's governed by Facebook, Uber eBay, Spotify, Visa Were they democratically elected?

AOC: So we're discussing a currency controlled by an undemocratically selected coalition of largely massive corporations.

I say supposed because AOC, despite claiming to have an economics degree and wanting to remake the whole economy in her image, apparently doesn't how the Federal Reserve operates.

Maybe AOC can let us know when & where the elections for the Federal Reserve was??!?!?

Would any Democrat or AOC herself consider Brett Kavanaugh democratically elected? I'm going to go with a no on that with a confidence level of so high that it'd make Cheech and Chong envious.

AOC thinks she's just entered the gotcha hall of fame by pointing out that private companies aren't democratically elected.

Because it would place monetary policy outside of AOC's hands, she's against it.

https://www.redstate.com/bonchie/2019/07/19/noted-economics-experts-aoc-apparently-doesnt-know-federal-reserve/

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