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![matthewstoller Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2030711.png) Matt Stoller [@matthewstoller](/creator/twitter/matthewstoller) on x 155.6K followers
Created: 2025-07-15 19:54:34 UTC

From 1935-1951, when the President directly told the Fed Chair what to do, we had a period of low inflation, high growth, and equality. Once the Fed became 'independent' in the 1980s, we had deregulation, financial crises, and crypto garbage.

![](https://pbs.twimg.com/card_img/1945126444746596352/ZnohOOUg?format=jpg&name=800x419)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945210398971486244/c:line.svg)

**Related Topics**
[inflation](/topic/inflation)
[fed chair](/topic/fed-chair)
[fed](/topic/fed)
[told](/topic/told)
[federal reserve](/topic/federal-reserve)

[Post Link](https://x.com/matthewstoller/status/1945210398971486244)