### Comment:
He was. The Western economies are just playing with tricks of circulation. I also liked that the OP -- somehow -- began to (correctly) approach the conclusion that a planned economy would be better. 
  
 But what all this really means is that nobody is in control and the next crash is going to be a spectacular clusterfuck of horror as a result, but then everyone will shift gears to talking about how actually this is the final, perfect form of capitalism.

### REPLY:
The fed setting interest rates is already a planned economy.

### END.