Will Jerome lower interest rates in September or wait until after the election? I am betting after the election.

their actions to be a part of the "invisible hand" based on market-based incentives (hedge funds and private interests) when in reality they have removed any risk from bad actors.

So lowering interest rates should theoretically not be political - your right it will be interesting to see what Chairman Powell does.

Has everything turned political? .....the invisible hand does not really exist.

Regulation is not interference with true capitalism. Regulation is an integral part of capitalism.

Capitalism works well only when trusts and monopolies are prevented so prices reflect market forces, advertising is truthful so people can make rational decisions, externalities (such as pollution) are prevented so that third parties not involved in a transaction don't pay a price for someone else's trade, etc.

Without such regulation, it's not true capitalism, it's economic anarchy, and it becomes more of a wealth extraction game rather than a beneficial allocation of scarce resources.

An economy without regulation makes as much sense as football without officials. Sure, the blow a call every now ima d then, but football would be pointless and unwatchable without refs.

Also, corporations need to be accountable to their stakeholders more than their shareholders & employees should own a share of the company & have at least one representative on the board.