"Interest rates fixed by the Federal Reserve is price fixing and it should have no part of a free market economy."

VOA: standard.2010.03.17

The consigner I heard turned apoplectic as there was no reserve price put on the piece.

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But if no bidder meets a set reserve price, then each item will be offered separately.

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Aside from the fact that it is limited, no president is going to squander all the reserve for short-term price pressure, since it was built for serious strategic security purposes.

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