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Jesus Arturo Devesa
Jesus Arturo Devesa
Thursday, November 13, 2008
Market-suffocating policies
Market-suffocating policies will put the country in Great Depression.
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Government-sponsored institutions kill competition
Government is a wasteful institution
Adding debt to debt.
Unintended, adverse, long-term consequences.
Bank disinterest in lending the money
The Fed can only control the supply of money
The modern economy and the real world
The system is dysfunctional
Where does government get the money?
The current crisis
Market-suffocating policies
What the government gives with one hand
Cheap and easy money
Fed gets itself and the economy in trouble
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