> both of which are only accomplished through explicit manipulation of the economy.
You can't have an unmanipulated economy the same way you cant have food without chemicals - sugars, vitamins, micronutrients, water - they are all chemicals.
The same in the economy - money supply, interest rate, etc. do not 'just appear', they are 'manipuled', whether by banks, FED or someone else. Someone has to issue currency and run the system
You shouldn't be asking wether the system is managed, you should be asking in who's interest it is managed.
You can't have an unmanipulated economy the same way you cant have food without chemicals - sugars, vitamins, micronutrients, water - they are all chemicals.
The same in the economy - money supply, interest rate, etc. do not 'just appear', they are 'manipuled', whether by banks, FED or someone else. Someone has to issue currency and run the system
You shouldn't be asking wether the system is managed, you should be asking in who's interest it is managed.