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by the_optimist 891 days ago
Not the corporations, the Fed. The Fed introduces high correlation, compels outsized urgency and economic volatility, and directly sets unemployment targets.
2 comments

The Fed doesn't compel, greed compels and the Fed just gives the greedy the signposts they want.
To the contrary, setting an employment target and maintaining high interest rates if that target is exceeded is prima facie evidence of coercion.
That's just silly.
Explain why you think this. How did you think the world worked before central banking? Do you think a pack of business people grouped around a table and agreed to fire people until inflation declined?
Surely, the Federal Reserve has a good reason for everything they do. Surely.