I sure hope so BSR… Unfortunately the Fed essentially responded to the credit crunch like a mom who gives in to a cranky child who is throwing a fit for not getting what he wants. Placating the child in order to stop the screaming rather then letting the child go through the fit and learn to behave better… Keep placating the child simply to stop the fit and the child will continue to behave poorly. What is needed is to change the behavior of the child. I believe a credit crunch would have been a very good first step.
