Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: r9etb
What you're saying, then, is essentially that there is nothing intrinsically moral or immoral about raising interest rates.

It is moral to save the dollar and the country that depends on its stability.


BUMP

70 posted on 09/21/2007 9:16:26 AM PDT by capitalist229 (ANDS)
[ Post Reply | Private Reply | To 66 | View Replies ]


To: capitalist229
And thus Ron Paul has a policy disagreement with Bernanke, not a moral one. It's disingenuous of him to try to make it a moral issue.

The power to change interest rates means "up" or "down." It could be moral to do either, depending on the situation.

Otherwise, the only "moral" act would be always to raise rates, and never lower them.

But heck ... in the context of Ron Pau, isn't it really quite ironic that we're having this discussion about which government action is needed to "save the dollar and the country?"

71 posted on 09/21/2007 9:22:49 AM PDT by r9etb
[ Post Reply | Private Reply | To 70 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson