Is This the Beginning of the Endof Central Bank Independence
Central banks are a government monopoly, they act like a government monopoly and thus are not ever independent.
Someone wrote a book called,'This time is different', which debunked the idea of central bank independence. The post cited above is all about central banks and their government, there is no definition of a currency banker in a free banking environment. Until the author of this article figures out a model for free market currency banking then he will never understand central banker. He also needs to reread the book,'This time is different'.
This time is not different, we have the same bozo economists claiming that banking reform somehow happened in the 80s. It did not, we just got a bit better. Next time will not be different, but hopefully a little better.
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