Then the people who made the economic decisions would be held accountable to the taxpayers instead of a bunch of un-elected bankers.
Ha! That has sure stopped them from running up trillions in debt!
Better than a group of unelected bankers.
The Congress could certainly have done far worse than the Fed has done, and given its discipline on the fiscal side, it's certainly what I'd expect. Hyperinflation is an ugly thing.
Again, why anyone would want to give a politically beholden body that has not had the discipline to balance the budget in 39 of the past 40 years is beyond me.