We have no free market and never will have one so long as the Federal Reserve exists in its current form. It is the unelected judge, jury, and executioner of the economy that can pick winners and losers by manipulating credit and monetary policy to artificially inflate certain investments and investors at the expense of others. Years of unnaturally low interest rates have enriched well-connected woke elites at the expense of consumers and savers. Now that their Ponzi scheme is coming due, with the collapse of one of the wokest banks and the vicious cycle of stagflation and reliance on loose money, it’s time for conservatives and GOP presidential candidates to revisit the idea of either abolishing or severely limiting the role of the Fed.
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2820. Horowitz: With the impending bank bailout and stagflation trap, it’s time to clip the wings of the Federal Reserve
2820. Horowitz: With the impending bank bailout and stagflation trap, it’s time to clip the wings of the Federal Reserve
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