4 ms·

Kill the Fed.

• Towle_ 17y ago
  Fed pushes interest rates far below natural levels --> flood of easy credit into the hands of those who, regardless of work ethic, merit as human beings, etc., just can't afford it --> loans don't get paid back --> banks don't have the money they should --> credit flow halts entirely --> everything goes to shit
  • Towle_ 17y ago
    Whatever. Democratic fallacy realized. Moving on with my life.