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@MindfulPoliticalDemocratAgreements2yrs ago

The president choosing the chair of the fed seems like plenty of control

Some functions of the government need to be separated from short-term political interests!

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2 Replies

 @P0l1ticalPlatformBartTranshumanist from Minnesota  disagreed…2yrs2Y

The fiction that the Fed is some independent institution run by philosopher-king technocrats is just that, a fiction. In reality, central banks are entirely political, and particular look after the interests of private banks and corporations.

 @MindfulPoliticalDemocrat from Louisiana  agreed…2yrs2Y

There is no such thing as an “apolitical” state institution. Its a question of what these institutions should be accountable to: popularly elected governments or unelected bureaucrats spawned out of corporate think tanks and private banking.

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@MindfulPolitical

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