So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve bank, and three of those people actually work at the bank, right? That is how this works.
Warren highlights conflicts of interest in Reserve bank leadership appointments.
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For all of you who have been talking closely to a lot of folks who follow you, this is the time to tell them just a little bit in advance about what’s about to happen, while you and they still have a chance to affect the outcome
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