Rath said:
Marks said:
snakenobi said:
Marks said:
At the rate we're going with the Fed printing more money every day, and stupid gov't regulations it won't be too much longer.
If Ron Paul gets elected in 2012 that should save the US Economy as he'll shut down the Fed and probably get rid of many of the regulations that are hurting banks. |
the entire world is dependent on it
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I'm not sure if you're exaggerating or not. Would it actually effect the rest of the world that much if the US fixes its banking system (i.e. shuts down the fed and removes harmful regulations) and stops the ridiculous inflation and all the other negative effects?
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Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.
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you are wrong
by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism
capitalism will make banks stand on their toes so they will not commit wrong practices
