[datadata]

If governments are successful in manipulating money to avoid volatility, why are these still scores of hyperinflation failed currencies, financial crises due to too much debt, and so on? Why is these not a clear law of economics that can lead to stability and no recessions?

[pyinstallwoes]

Because politicians and lobbies get away with leveraging laws to create moats and red tape.

Economic policy is just a charade.

Less interference would be ideal, but a government is still a necessary evil. It’s just too large in most cases.