You Can’t Fix the Collapse of the Family with “Programs”

FrontPage Mag ^ | 06/11/2014 | Daniel Greenfield

[AllAmericanGirl44]

bkmk

[Senator_Blutarski]

Of course any society or person that makes enough stupid mistakes long enough will eventually burn through their cushion and be faced with immediate feedback.

Which brings us to the topic of the Federal Reserve, Treasury and US budget policy. We borrow $0.40 of every dollar the federal government spends, which is clearly unsustainable. Quantitative Easing is also unsustainable.

On a related note, we saw an announcement recently that the European Central Bank has introduced negative interest rates. The reaction in the media was tepid.