Reposted by Laura Johnson
There is absolutely no viable path forward for this country that doesn’t hinge on extreme accountability for everyone involved in this administration. They’re going to whine about politicization and credulous media types will echo them, but the thing is, they’ve committed tons of obvious crimes!
![From the MPR story: [Minneapolis Federal Reserve Governor] Kashkari echoed a statement he made at a St. Paul Area Chamber of Commerce event last month. The ongoing data center boom, which has been financed by companies borrowing heavily, raises the demand for capital. That raises interest rates and pulls capital away from less
profitable projects, like, for instance, building housing. That's why, Kashkari said, bringing down mortgage rates isn't as simple as the Fed cutting its benchmark interest rate. There are other factors
at play, such as data centers. "There's a higher return for the economy for that capital to build data centers than to build an apartment building," he said. "So data centers (are) a big deal. It's having a near-term inflationary impact. It's probably pushing
up interest rates across the economy now and for the next several years"](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2yhglxsi2owchryafic2gmr3/bafkreifputwjolwbynmcuz5zrtwaxvf3jd4a3uclywdnlfzr6xbcyh2mje)
