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A comment on California issues first rolling blackouts since 2001. Parent comment

Re:California issues first rolling blackouts since 2001 by mperham on Saturday August 15, 2020 @06:55PM (#24173149)
California can't print more money, the Fed can.
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Re:California issues first rolling blackouts since 2001 by dragonwriter on Sunday August 16, 2020 @06:31AM (#24176703)
More to the point, California (both Constitutionally, and practically because of the market effect of being the issuer of the debt-denominating currency) borrow as freely and cheaply as the federal government.
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Re:California issues first rolling blackouts since 2001 by CWuestefeld on Saturday August 15, 2020 @07:18PM (#24173291)
The GOP has no power over the Fed, either.
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Re:California issues first rolling blackouts since 2001 by dragonwriter on Sunday August 16, 2020 @06:27AM (#24176692)
> The GOP has no power over the Fed, either.

The Fed Board are Presidential appointees and currently the board has four GOP members and one Democrat. The GOP controls the Fed.

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