[Toddsterpatriot]

But the price of money (i.e. interest rates)? NOOOOOO. That has to be managed by a Soviet command economy style process.

Forget, for the moment, Fed targets for overnight interest rates, what about the money supply?

[dollarbull]

Ben has decided with a few keystrokes to massively increase the money supply.

http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=M1&s[1][range]=5yrs

So you think:
1) he knows that it needs to be increased and by how much?
2) he knows what the $ should be worth?
3) he should be able to devalue MY hard earned dollars with a key stroke by increasing the supply massively?

I’ll take gold, thank you very much. Can’t be created at will by soviet style command economy central planners (read: The federal reserve). It’s a better form of money, pure and simple. Look at a 10 year chart of gold vs fiat currencies - the trend is your friend (maybe not yours).

You think that is good?

[Swing_Thought]

And here's something else they've done extremely well with:

Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system, and protect the credit rights of consumers.