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> We are far safer with governments and central banks that are accountable to us to varying degrees Ah, but there's the rub. How accountable are they, really?
by fennecfoxen 10y ago
> We are far safer with governments and central banks that are accountable to us to varying degrees
Ah, but there's the rub. How accountable are they, really? In the software industry, you find out that if "everyone" is responsible for something, then all too often, no one is. And even if they are accountable to people in general, what happens when they fail individuals? Like this guy who had £440,000 of lawsuit-settlement money seized by Barclays on money-laundering suspicions:
https://www.theguardian.com/money/2017/jan/22/barclays-took-my-440000-customers-caught-up-banks-de-risking-money-laundering-laws https://www.theguardian.com/money/2017/jan/22/barclays-took-...