So what role does the executive branch have? Should we amend the US constitution to state that federal agencies are now run by the legislative branch?
Are you completely unaware of the principle of separation of powers conceptualized 250 years ago which is a cornerstone of XXth century democracies across the world?
Independant agencies have been set up since the 1880s. Do you think you are the first person to "ask questions"? Did you do a modicum of research on the topic before "asking questions"? Do you know the existence of the internet, of google search and of books? Do you know about "Chesterton's Fence"?
> So Congress creates agencies and also selects who runs those agencies? Can Congress fire the heads of these agencies? The management team? Or all employees of the agency?
> So what role does the executive branch have? Should we amend the US constitution to state that federal agencies are now run by the legislative branch?
The second set of questions are irrelevant unless the first set of questions are answered affirmatively (hint: they’re not and you didn’t understand the point you were replying to). I agree that others are being rude in their interactions with you here but I also don’t really see your questions worth engaging more than I already have.
I'd like to see your evidence that it's badly governed, rather than just a one-line condemnation.
Its job is to control the value of the dollar. I think they've done a very good job of that in some very difficult circumstances. Not perfect, but very good. (Compare the crash of 2008 to, say, the Panic of 1893.)
Do you think that, if the Federal Reserve was setting the interest rate at the president's command, that we would be better off? If so, I think you are living in a fantasy land.
Thank you for the softball! Since the 1913, the dollar has lost 95% of its value [source https://disciplinefunds.com/2024/07/23/the-death-of-the-doll...
The prior 100 years, the value was roughly stable [source https://publications.cedarville.edu/books/haymond/no_free_lu... ]
So yes, using your preferred method of judgement I think we were better off before the creation of the "independent" federal reserve. Note, the constitution did not give the president the power to set the value of a dollar. It was a fixed amount of gold.
I can give you more in depth arguments why the Fed is bad (e.g. interest rates are future price of money, history has shown that government price fixing typically has bad outcomes) but you suggested we use a good, simple measure - value!
And the downsides to federal departments staffed by political hacks and flunkies are playing out in front of us.
Monarchy would probably result in a much more efficient gov, with competent staffed departments. But it's not ruled by the people. I still don't see any good arguments on why un-elected bureaucracies is better than status quo.
... Thank you for this joke, Curtis Yarvin. Now get off.