[asadotzler]

The Fed doesn't compel, greed compels and the Fed just gives the greedy the signposts they want.

[the_optimist]

To the contrary, setting an employment target and maintaining high interest rates if that target is exceeded is prima facie evidence of coercion.

[asadotzler]

That's just silly.

[the_optimist]

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?