You are viewing a single comment's thread from:

RE: Has The Fed Used The Same Tactic To Fool The People Again? - Episode 1337a

in #economy • 7 years ago

This is what "moral hazard" is all about. If the fed keeps buying bad debt off of the the banks, the banks will keep lending to anyone with a pulse and their pets. The banks must be allowed to go broke or this insanity will continue. The banks should have all been allowed to go broke in 2009. The debt bomb has only multiplied as a result of the bailout, TARP.

7 years ago in #economy by
$0.00
    2 votes
    Reply 0

    Coin Marketplace

    STEEM 0.19
    TRX 0.13
    JST 0.029
    BTC 60723.46
    ETH 3353.68
    USDT 1.00
    SBD 2.51