You are viewing a single comment's thread from:

RE: We should all congratulate the Federal Reserve for stimulating the U.S. economy

in #money7 years ago

The world without central banking is like the earth without a sun. It isn't possible to have a country without a central bank. You are submitting an impossible rebuttal. When you say the next bubble will burst large, I tend to disagree. I think the next bubble burst will be minimal and short lived, since QE was so large. Recessions like the Great Recession tend to only happen once every 50-100 years, so the data shows. I agree with your metaphor that the Fed is cancer, but there is no cure for cancer, just like there is no other alternative but the Fed.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 56182.86
ETH 2369.32
USDT 1.00
SBD 2.30