Fed Reserve Technocrati strike again...
Marx would be proud.
No, Marx would be freaked out by a free Market that permits corporations to get interest-free money by issuing stock, by private home-ownership, and by a mortgage industry that gets and loans more money to and from private homeowners than from the government.
Keep in mind that just because *banks* may follow the Fed's lead on interest rates, that the private Market still sets interest rates on Treasury bonds, treasury bills, and home mortgages (among other things).
In fact, Marx claimed that *every* capitalistic society would dive so far and so fast economically that their populations would become impoverished and the people would rise up in armed rebellion.
Marx hasn't been right yet. Compare the U.S. and Japan to Cuba and North Korea after Marxism.