Why do we need all these centralized institutions?
Absorb any physical currency functions into the treasury dept, require banks to store their own reserve currencies, and states can regulate the policies of the banks that operate within their borders.
The rate of unemployment shouldn't be a concern of the federal government.
If the executive had more control you'd have a situation similar to Arthur Burns or Jpow with Trump. Congress would be even worse considering they are split.
Or just leave it autonomous like it is and slap Jpow so he'll be more heavy handed.
Why do we need all these centralized institutions?
Absorb any physical currency functions into the treasury dept, require banks to store their own reserve currencies, and states can regulate the policies of the banks that operate within their borders.
The rate of unemployment shouldn't be a concern of the federal government.
Point to note: banks even used to mint their own notes.
If the executive had more control you'd have a situation similar to Arthur Burns or Jpow with Trump. Congress would be even worse considering they are split.
Or just leave it autonomous like it is and slap Jpow so he'll be more heavy handed.