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To: PGR88
Screwed up with Russian default, Tech-bubble, housing too

How so?

But its the nature of all Central Banks. They are agents of government and the powerful, to protect their interests.

I agree, it's not in the interest of the government and the powerful to have the banking system crumble in a financial panic. Of course a banking system meltdown sucks for regular people too.

66 posted on 09/20/2017 1:26:30 PM PDT by Toddsterpatriot (TANSTAAFL)
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To: Toddsterpatriot

You make the false assumption that central banks can prevent or mitigate financial panics


68 posted on 09/20/2017 1:43:00 PM PDT by PGR88
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