Time to Fix Interest Rates ?

The Federal Reserve loves to tinker with interest rates like they’re a magic lever that controls the entire economy. But what do we get in return? Booms, busts, recessions, and instability—all because an unelected central bank insists on micromanaging the cost of money.

To be clear: The Fed does more damage than good.

The Problem With Constant Rate Manipulation

Every time the Fed messes with rates, it distorts the free market.

🔹 2008 Housing Crash – The Fed kept rates too low for too long, creating a housing bubble. When they finally hiked rates, the bubble popped, leading to the Great Recession. There were certainly other factors, but the FED’s role played a large part.
🔹 2020-2023 Inflation Surge – They printed trillions, suppressed rates, then panicked and raised them too fast—crushing small businesses and killing opportunity.  Frankly, it was a great money shift into the pockets of the pockets of those with friends in government.  With Small Business Destruction – Low rates helped Wall Street, but high rates crushed Main Street. Who really benefits here?

Recession is NOT a Solution

So raising the cost of money is a fix??  What is the Fed’s idea of “fixing” inflation? Make borrowing unaffordable, kill jobs, and limit opportunity. That’s not a free-market solution—that’s central planning at its worst.

Let’s not pretend the market can’t adjust itself. High prices naturally reduce demand and attract new supply—IF the government and the Fed would just step back and let businesses compete.  The excuse often used by supporters of the FED is that it isn’t happening soon enough, but is wrecking personal financial health the best way to accelerate ‘correction?’

The Solution: Fix Interest Rates & Get the Fed Out of the Way

Instead of this never-ending cycle of overcorrection, we need a fixed interest rate system—one that only adjusts every few years based on a rolling average. This would:

✅ Create stability – Businesses and families could plan ahead without Fed-induced shocks.
✅ Let supply & demand work – No more artificial booms and busts.
✅ End the Fed’s stranglehold on opportunity – Recessions shouldn’t be policy choices.

The ability to plan for long term is good for any business model, or personal finance scheme.

It’s time to stop pretending the Fed knows best. They don’t, or at least the ‘best’ solutions don’t serve certain interests best.. The free market is the best regulator of economic health—if only we’d let it work.

Are there any legitimate arguments to counter this?