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1. GrumpyRabbit (grumpyrabbit@social.teci.world)'s status on Tuesday, 21-May-2024 08:33:28 JST GrumpyRabbit
   The reason The Powers That Should Not Be so strongly want a central bank is because it greatly reduces the constraints on what they can spend money on. A fiat currency system does the same. Both together synergistically amplify the effect. But the benefits to the ruling class are even more greatly amplified if the nation's currency is the pre-eminent world reserve currency.
   
   And that's all you really need to know about why all of those things are so strongly defended by the ruling class and their sycophants.