Human evolution across time has required the separation of certain institutions from the primary power of the state in order for them to function optimally in serving human society.In almost all societies across the world, the Church has been separated from the State. Politics was separated from religion. The King cannot function as the High Priest. This concept is one of the many hallmarks of human evolution.If the King also serves as the High Priest, then the king has so much power over the lives of people, reigning over both the material and the spiritual. It’s way too much power.\u201cNo one man should have all that power\u201d \u2014 Kanye West.As we have evolved, we have recognized the need to separate the state from the money. The state, which has the power to tax people, cannot be the one that has the power to issue currency as well.Our first attempt at separating the state from the issuance of currency has failed dismally. In its early years, it gave the impression of progress. But in retrospect, it was all a mirage. There is no progress at all.We tried to design the central bank as an independent institution. In some instances, we decided that the central bank should be privately owned, for example, the Federal Reserve and the South African Reserve Bank. The motivation behind was good. If the government did not own the central bank, then the latter should be somewhat independent. How has that worked out so far?Then we focused on Goal Independence and Instrument Independence\u2014 that the central bank should be able to make its own goals and use its own instruments of choice without interference and influence from the state. How has that worked out so far?In the worst of cases, central banking has collapsed in countries like Zimbabwe\u2026<\/p>","protected":false},"excerpt":{"rendered":"
L'\u00e9volution humaine \u00e0 travers le temps a n\u00e9cessit\u00e9 la s\u00e9paration de certaines institutions du pouvoir principal de l'\u00c9tat afin qu'elles fonctionnent de mani\u00e8re optimale dans [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3514"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=3514"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=3514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=3514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=3514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}