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33 sats \ 4 replies \ @Undisciplined 6 Jan \ on: Bitcoin May Protect Against a Loss of Federal Reserve Independence bitcoin econ
The Governors are appointed by the President, confirmed by the Senate

That’s a very strange form of independence

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69 sats \ 3 replies \ @0xbitcoiner OP 6 Jan

It’s a disguised independence, and based on the article, it could easily stop being disguised, meaning the end of that independence.

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33 sats \ 2 replies \ @Undisciplined 6 Jan

I’m skeptical of how meaningful that distinction is. There’s decent evidence that Fed decisions are already politically motivated.

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69 sats \ 1 reply \ @0xbitcoiner OP 6 Jan

Yeah, that’s true. The article says it might get worse.

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33 sats \ 0 replies \ @Undisciplined 6 Jan

Haha, yeah, it might. Things can’t always get better but they can always get worse.

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