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Replying to Avatar Tim Bouma

I think the US is now realizing that they don't actually have a central bank. They outsourced that to a private institution over a century ago.

The current oversight by government is largely cooperative and ceremonial. It worked in everyone's interest for over a century and it will be interesting when it turns to an adversarial oversight model.

model.

Get out the popcorn!

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Lostdog 1y ago

Trump is 💯 going to make the FED do whatever he wants. Say bye bye to a more or less independent FED and hello to a new political instrument

We'd better hedge ourselves...

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