In this case I do not think it is a matter of drama/not drama. When the Fed tries to create certain results by artificially setting something like interest rates as opposed to allowing the market to price them - that is the definition of central planning.

The Fed is attempting to fix the cost of borrowing money. It is economic interventionism of a massively mind boggling scale (trillions) carried out with the idea that the central planning committee (Fed Board) knows what the proper cost of borrowing money should be. I do not see how it could be construed as anything but central planning.


For who could be free when every other man's humour might domineer over him? - John Locke (2nd Treatise, sect 57)