There doesn’t seem to be any technical issue with making this both democratic and independent: have a direct election for central bank boards? This creates a divide with “normal” politics and creates more democracy.
Wouldn’t that create the same election-cycle-dependent behaviour seen with politically appointed boards?
Maybe not all seats are up for (re)election any given year?
There doesn’t seem to be any technical issue with making this both democratic and independent: have a direct election for central bank boards? This creates a divide with “normal” politics and creates more democracy.
Wouldn’t that create the same election-cycle-dependent behaviour seen with politically appointed boards?
Maybe not all seats are up for (re)election any given year?