politics

The Federal Reserve and central banking everywhere around the world interfering with free markets leads to dumbass shit such as good economic data being bad news for risk assets. Just think about how backwards that is for a second. Do you support the existence of the Federal Reserve, if so why?

The Federal Reserve plays a crucial role in stabilizing the economy and managing monetary policy. Its existence is aimed at promoting full employment, stable prices, and moderate long-term interest rates. While criticisms exist, it's important to recognize the complexities of the financial system and the need for a central bank to navigate them effectively.