Central bank political independence represents peak gaslighting. The illusion of decentralization persists due to the existence of 12 regional Federal Reserve banks.

In reality, the majority of its influence is consolidated at the Federal Reserve Bank of New York, where all open market operations decided by the Federal Open Market Committee (FOMC) take place.

The FOMC, responsible for making monetary policy decisions, is comprised of:

a - The head of the Federal Reserve Bank of New York, who consistently holds a committee seat without clear and reasonable justification, thus emphasizing the centralization of influence within the FOMC.

b - Seven members from the Federal Reserve Board of Governors, representing the majority of the committee, are appointed by the president and confirmed by the Senate, rendering them politically dependent.

c - Four rotating appointees representing the minority of the committee are chosen from the remaining eleven regional banks. These appointments are made by the Federal Reserve Board of Governors, which is also political, given that the Board of Governors itself is appointed through political means.

It's convoluted , isn’t it? That’s precisely their goal.

#Bitcoin simplifies matters by eliminating all aspects of human intervention. A monetary system that is corruption resistant and apolitical in nature.