When these parliament try to pass a budget or bill that makes fiscal sense, or moves a nation toward more freedoms for its individuals on a long-term basis, the Queen or King can use their veto power often, to stop such a move. In America, its done a little differently. For example, the Fed Reserve, a wholly private entity, King-like in its power holding abilities, can hold the market hostage, plunge it when Congress attempts to pass an audit the Fed bill, sending signals to its Senate that “no- this far and no further”.The Federal Reserve is Americas King (or Queen, depending on how you choose to look at it), with, as recently granted, even more new powers. King Fed is a fully private entity that answers to no one domestically, internationally, now, that’s a different story.
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