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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="fatima, post: 1409732, member: 22143"]I didn't say this either. I said let the "free market" i.e. capitalism deal with it instead of the constant intervention to prevent failures due to bad management, corrupt practices, and outright ignoring corporate and financial law. Because the Federal Reserve is intervening at any costs to the public to prevent the TBTF banks and Wall Street from having to deal with bankruptcy (we have bankruptcy laws for a reason) and because the government are also preventing similar on the backs of the taxpayers, they have guaranteed that collapse will be the result. Central Economic Planning at the hands of a few <u>does not work</u>.</p><p><br /></p><p>Try responding to what was posted, instead of making up these false arguments and you might find that you get more respect on this forum.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1409732, member: 22143"]I didn't say this either. I said let the "free market" i.e. capitalism deal with it instead of the constant intervention to prevent failures due to bad management, corrupt practices, and outright ignoring corporate and financial law. Because the Federal Reserve is intervening at any costs to the public to prevent the TBTF banks and Wall Street from having to deal with bankruptcy (we have bankruptcy laws for a reason) and because the government are also preventing similar on the backs of the taxpayers, they have guaranteed that collapse will be the result. Central Economic Planning at the hands of a few [U]does not work[/U]. Try responding to what was posted, instead of making up these false arguments and you might find that you get more respect on this forum.[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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