Anti-capitalist FReepers deeply saddened.
What's sad is that there is such a creature.
Capitalism is utimately destroyed by credit bubbles, have fun while it lasts!
“Anti-capitalist FReepers deeply saddened.”
How is having a central bank, rather than the market, setting interest rates capitalist?
Remember, slavery is freedom!
Black is the new white.
So has Central Planner Ben Bernanke ever spent a single day of his life in the private sector?
Didn't think so.
“Anti-capitalist”?
Thats funny. Because i don’t support an idiotic and artificial rate cut. Do you understand, a large part of the problem with the economy is related to low interest rates. This is an artificial attempt to keep idiotic loan companies and idiotic lenders afloat. This is what got us in trouble in the first place.
Now to add to this lunacy, our government is going to borrow some more money from China to give everyone a $600 “rebate” irregardless if they only paid $1 into the system. This is not pro-capitalist. This is socialism my friend.