2min chapter

The "What is Money?" Show cover image

The Liquidation of Government Debt | The Lyn Alden Series | Episode 1 (WiM187)

The "What is Money?" Show

CHAPTER

Having Staggered Term, You Know, I'm Just Going to Keep

There's very little friction there between what the president wants angistrates to be. The reason we have some degree of separation there is because, let's say you had no lessay, the treasury just said, interst rates. If you're a president that's up for re election in six months, you can't get everything awesome for these six months prior to my election and then raise rates once I'm elected. So it's comon like having staggered term,. Even though obviously the central bank officials are in part, put in there by presidents, or former presidents in congress.

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