3 ms·
Because in a democracy, effectively granting the legislature the power to print money and hand it to citizens is fraught with some pretty obvious conflicts of i
by jkhdigital 6y ago
Because in a democracy, effectively granting the legislature the power to print money and hand it to citizens is fraught with some pretty obvious conflicts of interest.
(yes I know the Fed is “independent” but it is the tail on a government dog—the two are separated only in name)
- lumost 6y agoIs the peril greater than giving money to large financial corporations? Extremely Large corporations often lobby or directly corrupt their surrounding regulatory authorities.