44: The Obama Presidency: Transparency at the central bank is a serious question.

Friday, July 24, 2009

Transparency at the central bank is a serious question.

THE FEDERAL Reserve Board's independence is a bit like the judiciary's independence. Absolutely vital for the institution's proper functioning, it nevertheless depends on Congress and the president to respect decisions with which they disagree. In such cases, the best protection for either the... Sign in to see full entry.

posted by davideskin at 11:43 AM | add or view comments (0) | leave calling card | link to this | view only this entry
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