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0 pointsasadotzler2y ago0 comments

The Fed doesn't compel, greed compels and the Fed just gives the greedy the signposts they want.

0 comments

To the contrary, setting an employment target and maintaining high interest rates if that target is exceeded is prima facie evidence of coercion.

asadotzlerOP2y ago

That's just silly.

the_optimist2y ago

Explain why you think this. How did you think the world worked before central banking? Do you think a pack of business people grouped around a table and agreed to fire people until inflation declined?

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0 pointsasadotzler2y ago0 comments

The Fed doesn't compel, greed compels and the Fed just gives the greedy the signposts they want.

0 comments

the_optimist2y ago

To the contrary, setting an employment target and maintaining high interest rates if that target is exceeded is prima facie evidence of coercion.

asadotzlerOP2y ago

That's just silly.

the_optimist2y ago

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