This is the Fed’s mess. If “Bubbles” Greenspan and the Fed did not panic after the stock market bubble collapsed and 9/11 happened, this never would have gotten as bad as it did.
The lowest interest rates in 45 years! The economy in 2003 was nothing like the economy 45 years earlier. Don’t these idiots know the difference?
This is what happens when you let the government control the money. If we did not have legal tender laws in the country, people could use what currency they wanted or have a gold standard.