“You really do talk about the Fed like there’s something hidden, unknown, unseen and supernatural about the way it works. “
You must be some kind of an idiot to have come up with that gem. Sounds like projection on your part, seeing as you have the usual crackpot’s delusions about the Fed.
“As though it can’t be replaced with a better component.”
So tell us what your “better component” will be. This is the third time I’ve asked you to describe your idea of a replacement for the Fed- but since you haven’t the slightest idea of what it’s job actually is you just bloviate empty phrases like “replace it with a better component”.
And what I’m asking you is what exactly you think the Fed has that can’t be replaced.
I say the Federal Reserve needs to be replaced because it’s built on secrecy and lies. Think of it this way: secrecy and lies are not good in any business model. If it were good, then the liars wouldn’t have to hide it, like rats hiding in a sewer.
But you provide no substance to your argument. You say we can’t replace the Fed, but you seem to have no idea why you say this. In fact, you never even state it outright, apparently aware of the complete absence of any argument.