Monetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!