Quote:
Originally Posted by Mavdog
no alex, you do not understand.
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no, i'm pretty sure it's you. the US Treasury Secretary has even acknowledged that the problem was easy money, but you still deny it.
What you don't understand is that so long as the fed prints a trillion new greenbacks, that money is going to get lent to someone for something. You can try to regulate one thing, but the money is just going to go to something else. You can try to regulate everything, but then the money just goes to the regulators.
You can't repeal economic laws by fiat -- this is what you don't understand.