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To: TobagoJack who wrote (12318)12/10/2006 10:28:29 PM
From: Ilaine  Read Replies (1) of 217593
 
"Central bank" isn't the same thing as "central planning."

Central planning doesn't work because there is simply no way that a disinterested party can make rational economic decisions via proxy on behalf of interested parties.

Only you know what you want, what you need, and what you are willing to pay.

A central bank doesn't decide what you want, nor what you need, it just acts as a clearing house.
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