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I don't really support artificial cash injections into the system, but I do agree that if you are going to do that, doing so from the bottom vs. the top will cr
by mizchief2 9y ago
I don't really support artificial cash injections into the system, but I do agree that if you are going to do that, doing so from the bottom vs. the top will create a greater lasting effect, or at least benefit more people in the short term after a major and sudden recession.
Imagine where we would be if instead of baling out the banks after 2008, letting those banks fail and forgiving the loans they held. Millions of Americans owning their houses free and clear as well a having an extra few thousand dollars a month to spend or save.