4 ms·
I respect your comments and breadth of knowledge, but wish you would take things a bit less literally and argue/reason at a higher level. I noted all of your po
by roymurdock 9y ago
I respect your comments and breadth of knowledge, but wish you would take things a bit less literally and argue/reason at a higher level. I noted all of your points in the comment's [1] footnote - I'm aware of the technicalities, but am making a broader argument. But don't just take it from me, here's an ex-president of the Minneapolis Fed making the same point: https://www.bloomberg.com/view/articles/2017-08-07/maybe-central-banks-are-too-independent https://www.bloomberg.com/view/articles/2017-08-07/maybe-cen...
Do you feel like you are adequately represented in government, and that you can trust elected officials to appoint staff those who will make decisions in the best interest of you, your family, your city, state, nation, etc.?
- dragonwriter 9y ago> Do you feel like you are adequately represented in government, and that you can trust elected officials to appoint staff those who will make decisions in the best interest of you, your family, your city, state, nation, etc.? No, but (as my comment history shows) that's because we have what is empirically shown to be a very poor electoral system (among those used in modern democracies), not because officers of the central bank are appointed rather than elected.