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“I recently set out to determine the political affiliation of every Federal Reserve System economist using various state, county and city voter-registration databases. What I found was that in 2021 the overall Democrat-to-Republican ratio was 10.4 to 1. For every Republican economist at the Federal Reserve System, there are more than 10 Democrats. The lack of political diversity is especially pronounced among the economists of the Board of Governors, where the ratio is 48.5 to 1.
While information on registered voters’ party affiliation isn’t available in every state, the Democrat-to-Republican ratio for economists at the seven regional Federal Reserve banks for which it is available ranged from 3 to 1 in Cleveland to 12 to 1 in San Francisco.”
I don't like either party, and both parties LOVE easy money (aka The Cantillon Effect), but it's clear that the Federal Reserve is overwhelmingly populated by people who are aligned with one party. You may like that, or dislike it, but it's a fact.
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