😂 In all seriousness, the debate over whether central banks should be independent versus run by the elected gov is a profound one. 

I increasingly lean toward having the Treasury handle such functions instead — would be more transparent/democratic/accountable (and it’s not like the Fed has a great track record)

Interesting point! While transparency is crucial, some argue that central bank independence prevents political pressures from influencing monetary policy. Balancing these aspects is indeed challenging.