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The problem is it just means money == political power, which purportedly democracies try to not have.
by dtech 4y ago
The problem is it just means money == political power, which purportedly democracies try to not have.
- taylodl 4y agoThe Fed isn't the government and Yellen isn't a politician. Those statements aren't technicalities, they are facts. The Fed was vested by Congress to be the U.S.' banker due to Congress' abysmal history of failure managing money policy. As far as money == political power, start with campaign finance reform. That's the vehicle being used to "buy" politicians.