Which is why the federal reserve was ostensibly decoupled from politics and democratic election, and designed in secret on Jackyll island so the public would not poison it.
Unfortunately as you say if you try to time the market, or centrally plan interest, you generally get it wrong and end up even worse than a floating market.
It didn't take long before we saw the effects of the great depression.
Unfortunately as you say if you try to time the market, or centrally plan interest, you generally get it wrong and end up even worse than a floating market.
It didn't take long before we saw the effects of the great depression.