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gelgoog

Lieutenant General
Registered Member
Printing money saved the US in the financial crisis of 2008 which was the right move in exceptional cases, but is it really bright move to have kept on printing? This lady basically believes in the theory it is.
The US had two choices. To let the banks go belly up, or to print enough to paper over the holes. I personally think they should have chosen the first option at least to a certain degree. They should also have tightened the financial market.
Compare the way the US handled the S&L crisis in the 1980s with the way they handled the Financial Crisis of 2008.
 
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