Would this lead to better or worse government, better defined by less people in poverty, better health care, better education, etc etc?
Thats like saying - what if Santa was run by his reindeer, or Snow White was run by her Seven Dwarfs.... Most of those funds only exist at the behest of the FED. Its a crude metaphor because its a mixed metaphor.. Ever read Charles Hugh Smith?
So the goal of the government (just like the goal of a hedge fund) would be to enrich the manager (i.e. the 'president')? It already exists... Look at most countries in Africa and you'll get your answer. Ninna
The US Government's finances are already run by a one man hedge fund - Ben Bernanke. He uses no stops and he's using huge amounts of margin. It's a recipe for disaster.
1.000.000.0000.000 % true. The power of this man has to be restricted. Other central bankers around the world had to react to the idiocy Mr. Bernanke and fellow "buddies" are executing at the FED and are announcing interest rates to raise. It is a pure arbitrary act by Ben Bernanke and Mr. Duddley to move on with this farce called "QEII"! Creating employment ? 200.000 jobs in a 300.000.000 economy???? Is this a phu...ing joke or what?