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I strongly disapprove of government intervention
of any kind in the economy, it almost always results
in perversion of the laws of supply and demand.
I could deal with the fed's manipulation to a point,
as long as it was subtle and minimized and used only
to smooth over the rough spots and not to CONTROL the ecomomy.
although the best net result of their actions we could hope for results
in more frequent instability to a lesser extreme.
unfortunately, it is no longer politically neutral and more often
than not, makes the wrong moves at the wrong time.
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