The Fed should NOT CONTROL interest rates! 🤬

👇Embrace market autonomy, reject government interference.

Caitlin Long is economical finance mastermind.

I had the opportunity to have an amazing interview with her where (as usual) she made some great points and here ideology once again inspired me.

One great point she made here is that the price of borrowing money should absolutely not be controlled by the government.

Government intervention in interest rates creates a false sense of security and distorts the natural dynamics of the market.

When the government sets interest rates, it undermines the principles of individual freedom and free markets.

It leads to inefficiencies, as lenders are unable to accurately assess risk and allocate capital accordingly.

Moreover, government-controlled interest rates can hinder competition, stifle innovation, and discourage responsible financial behavior.

We are just kicking the can down the road. It’s time for major change in the financial sector before it’s too late.

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*****What overhauls do you think need to be Made in the financial sector? Let me know down below! 👇👇

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