We've done that before... the boom bust cycles were far worse.

bsdpufferfish · on March 23, 2024

Yep, societies just don't function until you establish a central bank with fiat currency and fractional reserve banking. It's a law of human nature.

pdonis · on March 24, 2024

> the boom bust cycles were far worse.

No, they weren't. The worst depression in history, the Great Depression of the 1930s, occurred after the Federal Reserve was in place in the US, and similar central banks were in place in other developed countries.