Thursday, February 05, 2015

Who in Their Right Mind?

“Who in their right mind would ask the Congress of the United States — who can’t cobble together a fiscal policy — to assume control of monetary policy?” Richard Fisher, president of the Federal Reserve Bank of Dallas, said during an interview with The Hill. [More]
Yeah, best to trust us shadowy, unaccountable plutocrats!  Besides, you don't want to see how the sausage is made.  Or at least we don't want you to.

I don't suppose it occurs to this economic fascist that you could replace "fiscal" and "monetary" with just about any other policy issue, like "defense" or "gun" or...

Not that I'd kneejerk disagree, but somehow I don't think that's what he has in mind...

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