So you are saying "when right uses the term" , instead of going by what the words and terms *actually mean*. I dont care what you think the "right means" when "the right" uses the terms. I used them properly, and accurately. So far despite your complaining you have yet to demonstrate accurate usage of the terms.

Like I said, you saw a certain phrase - and your brain shut down and you started ranting against imaginary somethings. You also go far afield and rant on "some economic blahbblah regulation always needed"..... so what? What has any of that got to do with the price of tea in China, or this discussion? (hint: it doesnt.. have anything to do with discussion. Perhaps it is relevant somehow to the price of tea in China though)


The problem at discussion here is not "some slippery slope" - the Fed decides how much money gets made. That is a mechanism of central planning. Sorry, it does not apply to only tractors. Our monetary policy is centrally planned. Incidentally, the fact that the Fed performs this function was not, in general, the target of the criticism here. The fact that they have been and plan to hand out so much free cash to certain entities, and artificially floor interest rates is. Its bad policy, and deserves criticism.

Mandate of the Fed-

In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve as:


"The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates."


Regulating the economy is not what they do. The Fed sets monetary policy. As far as the logic of criticizing them, well the actions they are currently undertaking undermine the objectives laid out in their mandates - especially in regards to stable prices specifically. Perhaps you believe they should be handed a cookie for creating bubbles and causing inflation?

You speak in generalities, and try to make rational-sounding points as if you were making a rebuttal but I honestly and sincerely encourage you to actually go learn something about economics and the mechanisms at play here.

You are tilting at windmills my friend.

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