[1010RD]

I like Friedman’s set monetary policy. The velocity is known to you going forward and you can plan (individually) around that knowledge. A return to bank clearing houses can replace the Fed and function as they did pre-Fed.

You pay lip service to economic liberty, but are far from it when it comes to the Fed.

[expat_panama]

...Tell us which rate is the "the interest rate" you mean, and tell us what you would set it at...

You pay lip service to economic liberty, but...

Quickly changing the subject from rates to my being a bad guy  --meaning that you have no idea which rate you're talking about.   Tx.