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submitted 6 months ago by boem@lemmy.world to c/technology@lemmy.world
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[-] rottingleaf@lemmy.zip 2 points 6 months ago

With so many people interested on embezzling or at least "using" it, which constitutional mechanism is going to ensure that doesn't happen?

[-] PhlubbaDubba@lemm.ee 2 points 6 months ago

I'd just put it in the control of the Fed with a requirement of providing reports of performing their duty as a fiduciary controlling it.

Plus being able to quickly make use of it in an emergency would allow the Fed to be alot more dynamic on monetary policy where needed.

[-] rottingleaf@lemmy.zip 1 points 6 months ago

It's still an organization made up of people.

I don't have a better answer, I still think yours is not satisfactory.

[-] PhlubbaDubba@lemm.ee 1 points 6 months ago

Yeah but those people report directly to Congress, and personally I've got my own bone to pick with how Congress is set up so my pie in the sky version of things has a much better designed one

Also abolishing the independent executive because it inherently acts as a parasitic force dragging a country further and further from a democratic/republican core of design

this post was submitted on 13 Mar 2024
477 points (97.0% liked)

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