It doesn't have to cook the planet to cause massive suffering. Do you think there hasn't been global warming? What amount of global warming would change your mind?
"If you mix sand into clay, the clay particles will fill in all the open spaces between the sand particles and often the clay will act as a ‘glue’ sticking all particles together, ultimately resulting in a more dense soil."
Congress provides oversight and accountability of the Fed. The GAO does audits as well. Frank-Dodd provides more windows into the Fed. Why did you think the Fed doesn't have oversight?
> Why is the independence of the Federal Reserve sacrosanct?
It's never been completely independent. It's independent from short-term (4 years) political influence. It's audited and has congressional oversight and the President nominates people to the board.
What else do you want? Interest rates set by Presidential tweets?
One can not be happy with that and understand that Trump would have found ways to lock up his son for 20 years. No one thinks this dude was going to be punished for political reasons.
> 3. Functions should have extensibility, put the required parameters as parameters and always include an “options” at the end. Each function can have defaults that you can extend, which means you need a deep-extend method:
No! Absolutely not! There is a time and a place for this, but it's nearly impossible to reason about the interface if any data can be passed in.