this post was submitted on 20 Jan 2024
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ECB Study: Central Bank Independence vs Democratic Legitimacy (researchinenglish.com)
submitted 9 months ago by dvtt@lemmings.world to c/economics@lemmy.ml
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[–] davel@lemmy.ml 3 points 9 months ago* (last edited 9 months ago)

Regular Americans aren’t any better off, honestly, because the Federal Reserve is the formalization of the private American bank cartel, which has captured the US Treasury and Congress and the presidency. The American capitalist class is doing great, though.