Rabu, 14 Maret 2012

Q&A: This financial crisis seems really stupid, but not as stupid as the solution...?

Question by Luke G: This financial crisis seems really stupid, but not as stupid as the solution...?
The crisis is caused by over indebtedness, what's suppose to happen, is you let the bubble deflate, tighten up credit, and allow people to save, this corrects things and protects the value of money, because a disincentive to borrow money is a disincentive to print more of it, which encourages savings which is where capital is suppose to come from, so why is it, that when the debt bubble

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