posted on Oct, 24 2010 @ 09:34 PM
reply to post by kid_cudi
well man the way i see it the financial crisis and the housing bubble bursting was a market correction.
over inflated prices came down to whats suppose to happen prices fell for the reason they are suppose to fall.
capitalism wealth is created and wealth is destroyed thats they way its suppose to work.
and what was the governments answers to the supposed financial crisis? pour more money in to keep the over inflated prices going..
bush and obama spent money they shouldnt have obama added to the deficit when he should not have and now we are paying the price and the future the
price will be even higher because government just cant let "free market" be.
thats what free market capitalism is : the absense of government intervention..
end the fed or a gradual phase out and reduce the trillions of dollars in circulation can help fix the deficit.
the reason the value of the dollar is crap right now is due to the over manipulation of it now if you pull out the cash in the system and let the
value of the dollar climb in theory you could almost cut in half the national debt which means we are not borrowing as much and if we werent printing
as much and the "yayhoos" in washington dc got their heads out of the butts and end the manipulation of the free market we just might be ok.
for anyone who reads that post please point out the error of my thoughts please :p
edit on 24-10-2010 by neo96 because: (no reason