“Once again, why not have every part of our government run by a secretive bunch of elites ...”
Are you talking about CIA, the Supreme Court? No? The Fed?
You mean that group that testifies to Congress every 6 months, has a yearly audit and has the meeting minutes published 6 weeks after each meeting?
It’s no more ‘secretive’ than your average school board IMHO.
“Why vote? Eh? You like secretive organizations running everything? You would prefer that to congess?”
I would prefer a non-political organization determining the money supply. God standard, a bunch of bankers, a computer program - any of those choices is preferable to politicians misusing the supply of money.
“If independence is good, how about they can’t mess with our money supply eh?”
Because ‘money supply’ is not something you or anyone owns. I would certainly support Congressional legislation that dictates that the Fed cannot mess with our money supply but instead have one and only one goal - the maintenance of a stable value of the dollar.
“Its a pretty obvious principle that a balance of power is a good thing and that some people have to know what other government-granted power-holders are doing with their power.” - It’s obvious that much of the argumentation vis a vis the Federal Reserve consists of strawman arguments.
“Are you talking about CIA, the Supreme Court? No? The Fed?
You mean that group that testifies to Congress every 6 months, has a yearly audit and has the meeting minutes published 6 weeks after each meeting?
It’s no more ‘secretive’ than your average school board IMHO.”
Congress often pries into the happenings at the CIA and thats a good thing and it has the power to impeach any judge at the supreme court. Judges at the supreme court give lengthy reasons for their decisions. If they didn’t, they could eventually be impeached.
“I would prefer a non-political organization determining the money supply. God standard, a bunch of bankers, a computer program - any of those choices is preferable to politicians misusing the supply of money.”
Why would it be better for an organization to be non-political and thus only care about what they can gain directly for themselves and how they can manipulate things directly for themselves than how they can manipulate things to possibly get elected? How is it better for us not to know what they are doing and why so we have no possible way of knowing whether or not they are doing the right thing for the right reasons?