KW: Answer… No not as they used to be prior to 2000. As central banks have learned that they can rig financial asset prices to the delight of everyone in the market, in what sense does capitalism, free markets, and price discovery exist? Have we entered a new kind of economic system?

Do Financial Markets Still Exist?   Paul Craig Roberts, Dave Kranzler, Michael Hudson   For many decades the Federal Reserve has rigged the bond market by

Source: Do Financial Markets Still Exist? – PaulCraigRoberts.org