The blunt instrument of FED interest rates not only doesn’t work it inflicts pain on every economic agent. The 50% Discount/Rebate policy at retail sale however rewards both individuals and enterprise while mathematically ending inflation. Why aren’t you libertarians on to these facts? Perhaps the unwillingness/inability to see beyond your own worn out orthodoxies. The FED, as your own orthodoxies proclaim is the hand maiden and bail bondsman for the banks. So implement the single policy/paradigm change of the 50% Discount/Rebate at retail sale by mandating that the FED distribute the rebate aspect of the policy instead and have it actually fulfill its mandate of controling inflation and lowering unemployment.