4 ms·
I know of no country where the average citizen can affect the monetary policy of their currency. Otherwise we wouldn't have had two full years of central bank-
by leppr 5y ago
I know of no country where the average citizen can affect the monetary policy of their currency.
Otherwise we wouldn't have had two full years of central bank-fueled upwards wealth redistribution almost everywhere in the world.
- jonathan-adly 5y agoIn abstract theory, in the US - you get to elect the president who nominates folks at the central bank and congress (again, elected) confirms them. I agree with you in reality though. The average person have 0 input in the monetary policy in America or Europe.
- leppr 5y agoYou forgot one step (which further highlights the absurdity of this system): US citizens elect "presidential electors" who then elect the president.