Eh in a way, I can see both sides of the coin. On one hand if Fed governors didn't have independence, the inflation rate would make Venezuela look like a bastion of economic management. On the other hand, you end up with situations like this where the EC can just keep trying to force in poor policy.
Eh in a way, I can see both sides of the coin. On one hand if Fed governors didn't have independence, the inflation rate would make Venezuela look like a bastion of economic management. On the other hand, you end up with situations like this where the EC can just keep trying to force in poor policy.