Stephen Moore, Trump’s new pick to the FED, this guy is the biggest critic of the Fed. He believes the FED should act more like the GAO not be completely private and more accountable. The Fed has to be more like the GAO.
Private banks shouldn’t be able to shock the economy by raising interest rates overnight to benefit a small rich minority.
People love Bitcoin’s model cause you can plan its supply by the block rewards reduction every four years so you can plan your financial security for 20,30,60,100 years. No surprises in bitcoin.
Plus the USA government works for the people. They should lend money at zero % and not be benefiting off its citizens. Other countries without central banks, did that and the economy grew. The central banks hated it.
Stephen Moore is the warning shot the FED needs. Look at the USA’s GAO. Similar charter but they don’t profit off it.