It isn’t so much that they can set arbitrarily cheap interest rates as it is simply arbitrary. Central banks make possible the dominance of the monetary economy itself. The products that we buy and sell are very different from the monetary products of the banking system as we know it today. Trying not to get too far astray of the origin of the discussion; the products of the entertainment industry whose copyrights are the point here, are controlled by a centralized industry of 4 or 5 media/entertainment conglomerates. Those corporate interests demand control of the artists themselves and arbitrarily decide who the market is and what price the consumers should pay; whether they be individuals or radio stations or venues where the performers do their thing. Excellent examples of “taking the power away” from the RIAA and the recording industry are groups such as the Grateful Dead or Pearl Jam who through selling their music more directly to the consumers of that product decentralized the economy of music sales. Others currently “giving away” their music like Neil Young with his album of a few years back are creating a market that is truly free. I bought Young’s album specifically because he first gave it to me, and I wished to support that effort to democratize the arts.
Sorry for being so long-winded.

Originally posted as a comment by alex williams on Ethan Bauley Dot Com using Disqus.