A brilliant explication of the Democrats use of credit market regulation to expand their political control of the economy.
Steve Forbes may be the clearest policy thinker in America today.
To: SupplySider
The Federal Reserve doesn't strengthen the dollar. Markets decide what dollars are worth. Once again, we have the idiotic combination of omnipotence ascribed to a hum drum institition at the same time its powerlessness is advocated. Why does anyone buy this drivel?
2 posted on
12/12/2009 12:23:11 AM PST by
JasonC
To: SupplySider
Even if the Federal Reserve gets around to strengthening the dollar...Laminate it. /sarcasm
3 posted on
12/12/2009 2:23:38 AM PST by
PGalt
To: SupplySider
Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion--when you see that in order to produce, you need to obtain permission from men who produce nothing--when you see that money is flowing to those who deal, not in goods, but in favors--when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you--when you see corruption being rewarded and honesty becoming a self-sacrifice--you may know that your society is doomed. - Ayn Rand
4 posted on
12/12/2009 2:44:08 AM PST by
PGalt
To: SupplySider
Trust is dwindling as the Fed and .gov financial regulators continue to ignore and flout the law.
The spiraling lack of trust is destroying the credit system. The M1 multiplier (see Fed reserve site) is at .81 and continues to plunge.
The Fed is finding to its dismay that the real currency is Trust, not the dollar.
5 posted on
12/12/2009 4:55:52 AM PST by
Vet_6780
("I see debt people")
To: SupplySider
What? Everytime the DX (dollar index) shows weakness, the market goes up.
To: SupplySider
After decimating the housing market, it looks like Washington is now doing the same to credit markets generally. Next stop, other capital markets, starting with the evil securities trading transactions tax.
Correct me if I'm wrong, but oppressive government control of business by way of political regulation is called fascism.
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