Central Bankism
Edward Luttwak, 14 November 1996
“... it was a servant of the powerful Okurasho, the ‘Treasury Ministry’, just as the Banque de France was a slave of the Ministry of Finance. As such, both were subject to the corrupting influence – dare one say it – of political decisions, though in truth both ministries are ultra-conservative élite strongholds, scarcely exposed to the vagaries of ... ”