Post
Topic
Board Legal
Re: Country XXXX declares Bitcoin legal tender. What happens next?
by
Clobered09
on 12/03/2014, 19:11:29 UTC

Trully independent Central Banks are an exception!

In the US at least, a truly independent central bank would be logically impossible short of a constitutional amendment, as Congress retains perpetual plenary power over its domains, subject only to the Constitution.  Congress today can make the Federal Reserve as independent as physically possible, but it cannot prevent Congress tomorrow from revoking that independence.