Message:

<p>[QUOTE=&quot;InfleXion, post: 1300295, member: 29012&quot;]Ah yes, then I agree with you mostly. The issue I see with spending $1T to prevent a run on the banks is that it just added more debt to a problem that stemmed from debt to begin with, causing the supposed liquidity problem. Although some argue liquidity was never the issue, but rather funds not moving because money is being parked while interest rates aren&#039;t providing any tangible returns. </p><p><br /></p><p>I suppose I would agree that fear is the greatest threat, but fear is an effect of monetary debasement and irresponsible fiscal policy, not the cause. Ultimately all that the added spending has done is bought us more time at a greater expense without addressing the fundamental problems that will require bigger and bigger band-aids to prevent the outcome that a free market seeks which is equilibrium. The more that is resisted, the more the market will push back.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in