 Think about Freddie Mac's backstop of second mortgages, unlawful student debt loan cancellations, the draining of the strategic petroleum reserve to suppress fuel prices, and President Biden's own jawboning of the FOMC to lower rates. As you know, the Federal Reserve was structured to shield monetary policy from political influence, and that independence has given the Fed unique credibility in executing its mission. If the FOMC were influenced in any way by political calculation rather than economic data,