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Wells Fargo & Company Message Board

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  • investorzzo investorzzo Dec 28, 2009 9:43 AM Flag

    The Fed is not an arm of some Rothschild conspiracy

    Sorry but Keynes and the Fed are how we got into this mess. If they would have been independent it would have helped.
    Japan has tried to do the same thing for many years and their economy has never recovered.
    Austrian economics would have let the economy reset naturally by cycles from the past. But you can't just keep feeding the junkie without him eventually dying! Only when you have withdrawal can you make him healthy again.
    Sure it would have been extremely painful for a few years, but the bottom would come faster and the recovery much more swift. Now we are just going to keep crashing over and over, until those in power are ousted or wake up and have the realization that stimulus packages are only temporary. Japan is the perfect example.
    It's unfortunate, but the pain is going to be much worse then it would have been On top of all this we continue the wars, stimulus packages and not cutting government? And then tripple the deficit?

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