the central bank was sold to the public to prevent recessions and bank runs. they haven't done the former, and the latter is very easy to do now that the reser

the central bank was sold to the public to prevent recessions and bank runs. they haven't done the former, and the latter is very easy to do now that the reserve rate is at 0%. however countries without central banks post 2000 (afghanistan, iraq, libya, north korea, etc) have not fared well against the petrodollar cartel's war machine.