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In 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 wit
by jonathan-adly 5y ago
In 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.