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Authored by: Anonymous on Monday, May 28 2012 @ 03:51 PM EDT |
The taxpayer, the next time things don't work out.
I'm not convinced that the banking industry was ever
sufficiently deregulated but assuming they were to be,
the public cannot bail them out every time they do
something stupid or make large sums of money disappear.
There will be losers, but right now there is no incentive
to loan money with interest rates at effectively zero.
Shuffling fiat currency between the government and
the financial sector and making us pay back the loan with
real productivity has passed the point of no return. They
will need to print more money. As usual, the bond holders
will get burned again.
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Authored by: DCFusor on Tuesday, May 29 2012 @ 07:58 PM EDT |
As a pro in the business, you and poir have it exactly right.
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Why guess, when you can know? Measure it![ Reply to This | Parent | # ]
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