However, the alternative this week was Wall Street firms crashing, then big banks going down, then runs on your local bank.
And following would be huge unemployment.
The paradox and wonderful thing is, even the announcement of the plan has gotten money moving again...thank God. They have bought some time and given our financial system hope. But if we near the same crisis the plan must be implemented.
They have bought some time = Yes
and given our financial system hope. = No
“even the announcement of the plan has gotten money moving again”
That’s what’s meant by our money being backed by the “faith & trust”... once a critical mass o the population don’t have faith and trust in the system, the system implodes.