Friday, April 12, 2019

I suppose many people, at first glance, might think central bank independence is a good thing (absolutely not - foxes guarding the hen house) and that it's a good thing that political policies threaten their independence (which might normally be a good thing - if politics worked). However, in a world where there is little or nothing in the way of either fiscal (financial), political or ethical responsibility, this is a nightmare waiting to happen...all the way around - no matter who's pulling the purse strings. The real question is... "Which broken system do YOU think is actually going to be able to correct this perpetual train wreck?" I am not seeing any good answers while traditional systems further continue to degrade into chaos and dysfunction. Something's gotta' give... ;)


I suppose many people, at first glance, might think central bank independence is a good thing (absolutely not - foxes guarding the hen house) and that it's a good thing that political policies threaten their independence (which might normally be a good thing - if politics worked). However, in a world where there is little or nothing in the way of either fiscal (financial), political or ethical responsibility, this is a nightmare waiting to happen...all the way around - no matter who's pulling the purse strings. The real question is... "Which broken system do YOU think is actually going to be able to correct this perpetual train wreck?" I am not seeing any good answers while traditional systems further continue to degrade into chaos and dysfunction. Something's gotta' give... ;) - That is bad news for the world

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