While you are correct that "Central banks in most developed nations are institutionally independent from political interference" (1) But this is a) not in th

While you are correct that "Central banks in most developed nations are institutionally independent from political interference" (1) But this is a) not in the private sector, it is acting to "manages the currency and monetary policy of a state" to "implement a country's chosen monetary policy" State. Country. b) more importantly, this is still utterly unlike a household, where no such function exists in any form. Thank you for the pedantry unrelated to any of the main points though. 1) https://en.wikipedia.org/wiki/Central_bank https://en.wikipedia.org/wiki/Central_bank