Originally Posted By: Derid

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 communism.

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 prolitariat 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 communism.


Just to demonstrate my point, I replaced central planning with communism in your quote. That is how I read your reply.

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