The public is criticising the central bank's and government's policies as banks in the US close and inflation increases. People are clamouring for financial freedom.
Bank of the Banks is not saving banks
The central bank is always the banker for other banks. Only the central bank can salvage a bank that is in a scenario where it is likely to fail. In America, banks are continuously being destroyed, and the central bank is forcing them to be taken over by the government or other banks rather than trying to save them.
Printing vs Taxing
The central bank is in-charge of printing the country's currency. Governments' practise of producing and releasing their domestic currency without holding reserves to cover necessary government expenses is currently generating criticism. A part of the public feels that the government shouldn't be charging taxes when it prints money at its discretion.
Money in the Bank
Many banks and governments around the world have understood the circumstances. Now banks have started accepting crypto, especially bitcoin. Bitcoin can become a reserve instead of printed paper money. As for economic freedom, it is up to the public to invest their bitcoins and altcoins in banks or keep them in their wallets.
