4 ms·
> It would have been a better strategy if, at some point in the last decade, the powers that be had stopped printing money and let some bankers go broke. If yo
by worrycue 5y ago
> It would have been a better strategy if, at some point in the last decade, the powers that be had stopped printing money and let some bankers go broke.
If you are talking about 2008's TARP, the US gov actually turned a profit from that as the bailout was mostly in the form of loans (with interest) and investment (the US gov now own shares in your company).
https://projects.propublica.org/bailout/ https://projects.propublica.org/bailout/
- roenxi 5y agoNo, I'm referring to the money supply increasing much more quickly than wages are. Someone is creating money and handing it out to asset owners. It is difficult to argue against creating money and handing it out to everyone with that sort of history. Asset owners aren't special people.
- dannyw 5y agoI can make a profit from investing in organised crime, but that doesn't mean its a good thing.