[ExI] Bank of England
stefano.vaj at gmail.com
Thu Jun 18 22:46:36 UTC 2009
On Thu, Jun 18, 2009 at 11:56 PM, <dan_ust at yahoo.com> wrote:
> Central banks are always closely tied to the government, so I think there's little need.
Critics say they are private entities mostly tied with the financial
system (in fact, even legislators have more power on them than
governments). Additionally, the Central European Bank does not really
have any "government" to deal with.
For sure, their "independence" in western countries means that no
democratic control whatsoever on their functioning exists.
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