I really wish we would dispel the belief that we actually need the fed.
...
I think the Fed is necessary, but they shouldn’t manipulate interest rates to stop economic growth. Economic growth doesn’t cause inflation as they claim.
I don’t see the need for the fed to exist as it does. If its function is as an intermediary for bank to bank that is a private enterprise but it now exists as a private enterprise at the pleasure of the government for its own pleasure and profit.