Right, because there were no recessions and depressions before central banking. Oh Wait! They were more frequent and worse. The "government is the source of al

Right, because there were no recessions and depressions before central banking. Oh Wait! They were more frequent and worse. The "government is the source of all economic problems" is a religious myth as wholesale as "satan is the source of all evil, god is the source of all good". > prudent underwriting of loans was considered "racist" by democrats is a myth. Conspicuously missing from this comment is anything about deregulation, nothing about Glass–Steagall. Only euphemistic suggestions that somehow people disagreeing with redlining (and other practices) somehow caused a crash. This view is only possible if you assume any behaviour people partake in a market is the right behaviour and so any adjustment to that must be bad (, and thefore ... euphemism euspemism... crash). No. It is possible to have a financial system which is regulated to minimize perverse financial practices. We should place blame on the legislators who fail to do so and the financiers who act recklessly. Not wink and nodd towards "prudence", by which we mean, a president asking for an end to racist policies is more severe than deregulating the banks.