How much of a free market is an economy if its money is controlled by a central bank?

Question

How much of a free market is an economy if its money is controlled by a central bank?

Answer 1

It is not a free economy.

Free economy is an economy that prices things and labor by supply & demand.

If the central bank has control over the supply factor of money in circulation, it is not a free society.

That's exactly why the founders very wisely added the Gold/Silver clause right into the Constitution { the supreme LAW of the land } to give the POWER of money to the people, so all had a chance to share in the  prosperity of a region, state or country, and the wealth created didn't end up in the pockets of a very few.

Alexander Hamilton was shot in a duel over this issue.

http://www.constitution.org/uslaw/coinag...

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Answer 2

I like beesting's answer, it's spot on.  and I learned something from it.  

It's Best Answer!