Peter Fisher..and his renouned band..Exchange Stabilization Fund with good ole "Easy Al" Greenspan on the drums..will have things well in hand...
What? you think..Money grows on trees? ..at least this kind does...crank up the presses.......HAHAHAHAHAHAHAHA
Don't get me wrong. I think that the PPT is a good idea, in line with insurance for floods, hurricanes, and other natural disasters. It acts to prevent more serious damage. It protects capital, and benefits the majority. It is another good that can come from control of money.
If the stock market were smoother, and reflected the growth in profits and retained value of the composite companies, we would have a better economy. Insurance against catastrophes is a good thing. Conversly, the PPT should also act as a counterweight to "irrational exuberiance".