The need for Central currency can be argued. And even then, the treasury is more than enough to just mint coins and print bills. A central bank that had a monopoly on the money supply is only detrimental
Here that Plebian dickriders? He hopes a libertarian wins the next election. Go do your master's bidding,you look up to him to describe all the complicated socialist/communist garble no one even knows how to explain. <- what a common man's ideology, eh?
He's somewhat right, the U.S. economy would have collapsed without the Fed, however the Fed was created for a purpose it no longer fulfills, Central Banking is also not a part of Capitalism at all, smaller banks can and do serve the same purpose as Central Banks were designed to
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