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The issue is, government is subsidizing Risk with Tax paying dollars. By handing out money for free (0% interest rates), they're increasing systemic risk. If
by thorwasdfasdf 7y ago
The issue is, government is subsidizing Risk with Tax paying dollars. By handing out money for free (0% interest rates), they're increasing systemic risk. If something terrible happens like it did in 2008, tax payers are on the hook, to the tune of trillions of dollars.