Didn't Greenspan outright say at some point that its independence was a fiction? I might believe it was independent if its governors got appointed for life, SC

Didn't Greenspan outright say at some point that its independence was a fiction? I might believe it was independent if its governors got appointed for life, SCOTUS-style. If the power is there, those with power will want to control it. The solution is to jettison the idea of a command economy. It's no less absurd to fix the price of money, which is one half of every transaction, than it was the Soviets fixing the price of bread. When the market decides its own money, it chooses bits of metal that are hard to find and extract, which coincidently no president or other state actor can have any power over. And to front run the party line on "but the gold standard meant banking crises", the current system just replaced that with stagnation and different kinds of bubbles that they blew up themselves. It's also an unfair comparison when private banks back then didn't have the same technology nor the same knowledge in risk management practices that are available today.