fram tough guard oil filter Edwards and bell's point of view But to increase political accountability and to sacrifice the independence of the central bank is to throw the baby out of the bath. Monetary policy is complex and technical. Handing control to politicians is more prudent than handing over keys to the country's nuclear power plants. Larger suppliers can borrow cheaply from the government's regular contributions, which means they have little incentive to raise savings rates to attract customers' deposits and then lend. Earlier this year, the average five-year Treasury note paid 1.67 percentage points, compared with 2.02 percent today.