Monetary politics

Central banks are independent institutions without any tangible government (people) control. The are not accountable by any authority. Therefore monetary policy is undemocratic. We can vote any other sort of politician, except the monetary politicians - the most important ones. No other institution in the world has so much power and so little obligations and accountibility. The complete untouchable.

If you are going to centrally control the economy, rather than giving the control to free market (democratic economy), then at least give the people the right to vote on it, and educate them on how their economic system works.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

—Thomas Jefferson, 1802
the third President of the United States (1801- 1809).