Monday, December 11, 2017

On the Fact that if the Federal Reserve Had Simply Allowed Interest Rates to Gravitate to Their Natural Levels In the 2000s (In the 3 to 5% Range), THERE WOULDN'T HAVE BEEN A HOUSING BUBBLE OR A SUBPRIME MORTGAGE CRISIS

So logical, unimpeachable, and easy to grasp......and yet you can count the number of politicians who think in this manner on one hand (the fact that they're making the same idiotic, demand-push arguments that paved the way for that downfall). Something in the water, I guess.

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