Quote:
Originally Posted by Radar
But greedy people bought houses they couldn't afford and flipped them or bought more of them without thinking that the bubble would eventually burst.
|
...and pure, unrestricted capitalism would change this, how? I tend to think an unchecked market would be a lot worse and the fluctuations would be extremely violent, far reaching, and long lasting. The actions of the stupid and irresponsible will never change and aren't going to go away, regardless what market they're placed into.
Quote:
Originally Posted by Radar
If we got rid of the unconstitutional federal reserve, they wouldn't control the money supply and we might have something to back up our money rather than the promises of government.
|
...and go to what, gold? Tell me how we should go about that transition without the market being instantly, dangerously cornered.
11-10-2007, 05:36 PM
Threaded Mode