Mike McGinley

Four Myths About the Free Market and Its 'Demise'

"For well over a century, the appeal of government intervention has been the Fed's ability to act as a mediator seeking the best solution for everybody, instead of simply letting various interests fight to the death."

Are you kidding me? The Fed seeks the best solution for everybody? Really? Like protecting savers, retirees, the poor, and those who are prudent with their money?

The quality of life of most Americans is lower than it should be because of one organization: the Federal Reserve. Yet, somehow the author wants you to believe that it finds "the best solution" for everybody.