>>4335
The Federal Reserve Bank is supposed to be immune from political influence. For the most part, it is. The issue is banks and governments profit heavily from debt-based money, even if it's worse for the public in general.
It also isn't without its pitfalls, like in Guernsey for example. Guernsey's now considered a tax haven because they levy zero taxes on capital gains, inheritance, capital transfer, value added (VAT / TVA) or general withholding.
So in other words, while it would seem good to have the government take over printing the money for free, it'll just make things worse in the short term, and there's a lot of benefit to having it outside of political influence.

>>4336
It looks to me like right now the problem is:
>Government needs moar dollars because budget has a huge deficit
>Government borrows money first from not-the-Federal Reserve, whoever is offering
>Once alternate funding sources are dry, tell the Fed that the goverment needs exactly 235,822,251,298.02 to cover the remaining shortfall
>Federal Reserve prints the dollars out of nowhere and demands the government pay them back at interest (but the dollars to cover that interest don't even exist, so someone is going to have to default/bankrupt somewhere along the chain).

How is this better than replacing the final step with
>US Treasury prints the shortfall at zero interest
Then it isn't a loan that creates an impossibility of repayment.
Of course the better solution is just having a balanced budget.

Is this graph showing the amount of money in circulation? Surely we would have known about a 4x increase in 2020.

>>4336
>immune from political influence
People need to stop seeing politics as a game of parties, but instead a game of interest groups competing for control. This is tribal warfare of hundreds, if not thousands of different tribes (some with more or less power than others, sometimes a lot more, sometimes a lot less), however they all play the game the same way.

If someone from their own tribe gets into the federal reserve, they are going to make decisions that work best for themselves, and the things that they identify as being 'of themselves'. It would be very unlikely for someone to just act against their own interests like this in such a KEY position of authority...

So, anyone or any group with such a massive amount of control and power that says they are a-political, is lying to you, to your face. It might not be overt, but they will absolutely make decisions, and they are very likely to not be rooted in principal.