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Central banks can never be held accountable for anything. In most cases, they cannot even be audited.
by msiyer 8y ago
Central banks can never be held accountable for anything. In most cases, they cannot even be audited.
- JumpCrisscross 8y ago> In most cases, they cannot even be audited Central banks are audited to a borderline-silly level of redundancy in every major trading economy (i.e. the U.S., EU, Japan, UK, Canada and Switzerland).
- msiyer 8y agoThe audit is a joke. Just hogwash. What exactly happens if wrongdoings are unearthed? What happens when taxpayers' money is found lost? Nothing. Pentagon eats up trillions and no one has a clue. Trillions paid out in bank bailouts and no one questions. Billionaires take loans and declare bankruptcy... Audits performed by those who are involved in the crime is hogwash.