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The Fed is already decentralized, no? There are branches in different regions throughout the country with their own governance, and a central board of governors to oversee the whole thing. I guess what I am asking is, why not treat banking like the utility that it is. Their is a natural monopoly on currency issuance after all, no?


Is it? The Chinese already do this. Go look at how its working out for them, the pros and cons are clear and obvious.




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