These are awesome responsibilities, and the Congress has wisely entrusted us with an important degree of independence so that we can pursue our monetary policy goals without concern for short-term political pressures. As a public institution, we must be transparent about our actions so that the public, through its elected representatives, can hold us accountable.
Hume (1987, p. 288) concludes that "it is of no manner of consequence, with regard  6  to the domestic happiness of a state, whether money be in a greater or less quantity."