[quote=deadzone][quote=an]
My point is, the Fed has always been in the market of controlling the market. So, by your definition, the market has always been and always will be fake.
Since it always been and always will be fake, there’s probably 0% chance that it will stop being fake.[/quote]
Okay fair point, as long as the Fed has existed, markets haven’t been “free” and they have caused bubbles even before the advent of QE through their manipulation of fed funds rate.
But starting in 2009 the Fed started QE which is a whole nother level of market manipulation. And the direct result is the mother of all bubbles.[/quote]
So, what’s your point exactly? Will the fed disappear soon?