We're in a political era where people get excited about dismantling any institution. You can have the chair of a science committee bring a snowball in for show

We're in a political era where people get excited about dismantling any institution. You can have the chair of a science committee bring a snowball in for show and tell, and it's considered a hilarious rebuke to scientists who are trying to explain climate models. There is way to much partisan political medalling with the Fed. [1] If you're an economist at the Fed you can hardly ever be on the record about anything, or even donate time to nonprofits. Why? There is too much danger that someone will willfully misinterpret a complex statement, and use it to undermine everything the Fed does to keep the economy stable. It would be great if most of the electorate had taken classes through intermediate macroeconomics. Then they might understand that an economics book they picked up in the nonfiction section of their bookstore almost always has an agenda outside of the mainstream, which doesn't mean that it is wrong necessarily, but that if it gets anything right it is likely a refinement of the past couple hundred years of scholarship or discussing a model that operates in an economy with different preconditions. Calls to audit the Fed are about sincere an effort to improve its function, as Congress's use of its subpoena powers are about fing the truth rather than an opportunity to grandstand. [1] As well as the Treasury too, but that's a whole different issue.