|
Information Junky
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
|
Banks have slowed their production of massive amounts of new cash (new loans, derivatives) and now our Govt is looking to supplement those "new cash" shortfalls. (note the recent strengthening of the dollar ...the deflation.) The problem is, where to infuse it all. Can they push new money into the system fast enough to stave off bigger deflation?
Quote:
Originally Posted by hardflex
....
Older guys may remember one of Ronald Reagan's themes was 'Government should not be in the business of picking winners and loser's. Wow, how far have we strayed from that concept?
|
Yep, we are now rewarding the least responsible.
__________________
Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong.
Disclaimer: the above was 2¢ worth.
More information is available as my professional opinion, which is provided for an exorbitant fee. 
|
11-25-2008, 07:40 AM
|
|