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Title:

The Day Free Markets Died

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by Doug Wakefield and Ben Hill, Best Minds, Inc. Though our government has increasingly influenced our markets since the creation of the Federal Reserve in 1913, we have recently reached the point where it would be a glaringly obvious misnomer to call the markets “free.” And while some aspects of a free market remain, those who’ve studied the day-to-day operations of our nation’s banking system and the stock markets’ performances at certain times, would likely come to the conclusion that, on occasion, the state, through the Fed and certain banks, intervenes to engineer market bottoms. Am I talking about something that is done is secret to which only the most privileged are privy? While the history of global politics and global banking has always been based on secret meetings, those ...

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