Public servants must be totally divested with financial respect to any issue that may appear before them.
While this sounds good in theory, it would be a nightmare to implement and a nightmare to follow as a public servant. How direct or indirect would this be?
In general, I think I have a different economic perspective than most of your readers, so my answers are off the mean for the most part.
Make the Federal Reserve completely under government control, make the members of the Fed directly accountable to the public, force them to face election.
Why not just eliminate the Federal Reserve and let the market determine the cost of money? The Chicago Board of Trade's Fed Fund futures have become an incredibly accurate predictor of Fed action.
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While this sounds good in theory, it would be a nightmare to implement and a nightmare to follow as a public servant. How direct or indirect would this be?
In general, I think I have a different economic perspective than most of your readers, so my answers are off the mean for the most part.
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Why not just eliminate the Federal Reserve and let the market determine the cost of money? The Chicago Board of Trade's Fed Fund futures have become an incredibly accurate predictor of Fed action.
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