There are NO GOOD people that elect Barney Frank.....they elect him because he’s a SODOMIZER!
Barny Frank is openly gay (I'll use the polite word here as we are generally polite here at FR) - as such he will never have children, and that revels a mindset if you will.
So, I would say, Barney worries about the here and now - who will be his next boy toy and so on. So it follows that anything that allows him more pleasure is good and anything else is to be viewed as a thing to be battled.
I dare say he has not been in a church in quite some time. Anyway, this lack of progeny - openly acknowledged, may be the key to understanding the reasons why Barney ses monetary policy in a fundamentaly different light than someone, for example, who cares for or about their grandchildren.
So since Barney worships at the "Church of What's Happen'n Now (sorry Flip) ANYTHING that keeps his gravy train running is fine and damn the long term fallout.
From the WIki
Cyrenaicism (4th and 3rd centuries B.C.), founded by Aristippus of Cyrene, was one of the earliest Socratic schools, and emphasized one side only of the Socratic teaching. Taking Socrates' assertion that happiness is one of the ends of moral action, Aristippus maintained that pleasure was the supreme good. He found bodily gratifications, which he considered more intense, preferable to mental pleasures. They also denied that we should defer immediate gratification for the sake of long-term gain. In these respects they differ from the Epicureans
Another influential money man, John Maynard Keynes, was also openly gay, had no children.
Makes one think - eh?
/rant