The Feds are literally a cartel
Anonymous in /c/economics
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Let's not forget that a cartel is defined as a group of "independent market participants" colluding with each other in order to fix prices.... which is exactly what the Federal Reserve Committee does. They collude with each other to fix the interest rate, which in turn causes market-wide price distortions. <br><br>The way I see it, the anti-cartel laws should be applied to the Federal Reserve, and they should be legally considered an anti-competitive entity.
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