> Central banking is possibly the greatest human invention since sanitation.
The greatest human invention since sanitation is that a tiny elite can control the value of money (and money over time)?
Is that a joke? Are you joking?
Edit: Really...? Really? You know the devaluation of currency over time and the resulting increase in the cost of goods disproportionately affects the poor and middle class, as well as retirement savers who's interest rates can't keep up, right?
The greatest human invention since sanitation is that a tiny elite can control the value of money (and money over time)?
Is that a joke? Are you joking?
Edit: Really...? Really? You know the devaluation of currency over time and the resulting increase in the cost of goods disproportionately affects the poor and middle class, as well as retirement savers who's interest rates can't keep up, right?
Is that also a feature?