What happens if central banks lose their independence? ECB officials are raising alarms. Rehn's take is straightforward: without autonomous monetary policy, inflation spirals out of control. And once inflation runs wild, financial stability gets shaken. This matters more than it sounds. When central banks answer to political pressure instead of economic reality, they tend to loosen the money supply. More liquidity chasing the same goods means higher prices—the classic inflation trap. For markets already dealing with volatility, this kind of policy uncertainty adds another layer of risk. Stable currency and predictable rates are what traders, investors, and everyday people need. Strip away central bank independence, and you're looking at unpredictable policy swings, currency weakness, and asset prices all over the place. The crypto community watches this closely too. When traditional monetary institutions face credibility issues, alternative assets often get renewed attention.