BookRix

Thank you, Larry.

That they have not normalized much much earlier is a HUGE error. The coming
crash will be entirely blamed on the Fed this time around.

Sure it would have meant we didnt have this brief moment of full unemployment.
But when the financial sector now eats mainstreet, and with every boom and
bust enriches its punters at the expense of the crumbs for mainstreet, to just
rinse repeat does huge long term harm.

How about a living wage, or unemployment benefits,health care and vocational
training for all the unemployed and underemployed, and letting money find its
price. It is only then that real growth will occur, growth which does not
simply increase the size of the next bust and inequality will lessen.

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