SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (257498)6/29/2010 7:40:00 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>Increasing the money supply does nothing to correct the excess debt to income ratio created by a credit bubble.<<

especially when the increased money supply primarily goes to a few criminals (who happened to be the cause of the problem).

>>So while increasing the money supply can postpone an economic depression while making it worse, as Schumpeter essentially said, if you don't want the economic depression you need to avoid the credit bubble which preceded it.<<

if only people had listened in 1997-2000 time frame when people where saying this.

the damage is done while drinking the booze and feeling good. the hangover is the repair process.

keep drinking booze to avoid the repair process and one will die.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News