> If there is any institution that should be under constant and heavy scrutiny at all times, it should be the Fed. First, I want to say that I agree with you 1

> If there is any institution that should be under constant and heavy scrutiny at all times, it should be the Fed. First, I want to say that I agree with you 100% here. I even think maybe the accountability mechanisms might not be designed correctly, although I don't know enough to be sure. > half the people actually defend them In their defence though (and notwithstanding what I said above), they're all incredibly intelligent and competent professionals who happen to be at the helm of the ship in uncertain times. :shrug: