He’s pointing out that the Fed changes the interest rate
Posted on: August 26, 2025 at 21:12:50 CT
TigerMatt STL
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which is a form of manipulation of the market. Some think that the Fed shouldn’t exist because of this as it doesn’t allow necessary destruction and helps enable kicking the can down the curb leading to worse events later on.
AIG and some major banks should have blown up in 2007/2008 for example, but instead were bailed out. The wealthy didn’t lose their fortunes and didn’t learn their lesson.