The Fed’s Theater of Confusion: Why Central Planning Can’t Fix Inflation or Growth

The Illusion of Federal Reserve Central Planning Monetary Policy by Mood Swings Another day, another panic ripple from the Federal Reserve. This time, Chair Jerome Powell made headlines by tamping down market hopes for a December rate cut, rattling traders and fueling media speculation. The big reveal? The Fed isn't on autopilot toward lower rates, and internal dissent is heating up. But all this commotion—hawkish hints, dovish pushback, and whispered dissents—masks a much deeper problem. It's not whether the Fed will cut rates in December or March. The problem is the absurd belief that a small group of bureaucrats, with flawed data and political incentives, can steer a $28 trillion economy like it’s a battleship on autopilot. Rates Set by…