[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
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I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
