Quote:
Originally Posted by BK911
And super, I was thinking the same thing. Wouldn't giving loans to people with excellent credit history and income help stimulate the economy? Why make it harder for qualified people to borrow money?
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I'm with ya. There is apparently a LOT about economics I do not understand. Projects are needed, revenue, work, etc. These would appear to be "good" things to me, both from the perspective of consumers business people and lenders and everybody. Plus, I know a number of economics geniuses post here who take the position that what's good for people, and workers, and consumers, and the economy.....is also good for business. I know they will post here shortly to explain how we might gift hundreds of billions of dollars to banks only to see credit dry up. Not tighten, but simply DRY UP. I am eager to hear why they should receive my ongoing faith and support.