I find it curious to talk about basic economics when referring to the cost and supply of money. Money is subject to centralized control and manipulation by a q

I find it curious to talk about basic economics when referring to the cost and supply of money. Money is subject to centralized control and manipulation by a quasi-private entity (the Federal Resserve) which holds a monopoly on the cost and supply of money. Remember, money accounts for half of every transaction in our economy. When one-half of every transaction is controlled by a centralized monopoly, we do not in fact have a free market subject to the laws of economics.