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It was a promising job once
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<blockquote data-quote="slowdriver" data-source="post: 1782557" data-attributes="member: 58852"><p>Yeah, he fled his post like a rat fleeing a sinking ship, later admitting his claim to fame laissez faire economic ideology was a "flaw in his model". His continuous rate drops create the largest credit bubble in the history of the world, now we are slaves to it. The fed shouldn't exist, as it is the source of our problems. Wilson later regretted signing the fed charter. I won't post the quote but it definitely worth the read. Greenspan, bernanke, yellen, it's not gonna change, growth has been replaced with inflation. We are riding on the knifes edge of either inflation or deflation, that's why the government will continue to spend, and yap about raising rates to cool the market. Think about it, If the fed struggles with raising interest rates only 0.25% because it might risk the "recovery", no way we can cut back government spending even the slightest, as it's the only thing keeping this ship afloat. Again not a dem vs repub thing...</p></blockquote><p></p>
[QUOTE="slowdriver, post: 1782557, member: 58852"] Yeah, he fled his post like a rat fleeing a sinking ship, later admitting his claim to fame laissez faire economic ideology was a "flaw in his model". His continuous rate drops create the largest credit bubble in the history of the world, now we are slaves to it. The fed shouldn't exist, as it is the source of our problems. Wilson later regretted signing the fed charter. I won't post the quote but it definitely worth the read. Greenspan, bernanke, yellen, it's not gonna change, growth has been replaced with inflation. We are riding on the knifes edge of either inflation or deflation, that's why the government will continue to spend, and yap about raising rates to cool the market. Think about it, If the fed struggles with raising interest rates only 0.25% because it might risk the "recovery", no way we can cut back government spending even the slightest, as it's the only thing keeping this ship afloat. Again not a dem vs repub thing... [/QUOTE]
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