[jl2718]

What exactly is her job at the treasury? I think it was supposed to be properly funding the government with treasury note sales, but clearly that’s a non-issue with the unlimited Fed balance sheet. It seems to be what every leader of bureaucracy does: expand the power of their agency into every possible new domain using policies backed by threat of de facto power rather than law. She makes verbal policy guidance about inequality, social justice, climate change, sanctions, war, sexuality, gender, and whatever else, all backed up by the unlimited and unchecked power of selective tax and AML interpretation and enforcement.

We tried to build a nation of laws, but that became too complex. Now we’re back to power and personalities. Maybe that’s for the best; I don’t know. I’ve lost track of exactly what our society is supposed to be optimizing for.