Here's an interesting take: throughout most of history, the world actually thrived without independent central banks. Look at the numbers - post-WW2 era shows solid growth paired with manageable inflation. Yet nowadays? The picture's quite different. It raises a genuine question about whether central bank independence truly delivers what it promises, or if we've been chasing the wrong playbook for decades. Worth considering when you're thinking about long-term economic cycles and how they shape asset markets.