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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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Rik 🔥 🏔 🍃 🌊 1y ago

What's making you think that?

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Tim Bouma 1y ago

Powell, with his emphatic 'No' about stepping down. He doesn't fall under US Executive Authority.

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