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Originally Posted by Dondilion
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Maybe, maybe not. The perspective of these articles is very short term, i.e. what's happening right now. What would our financial state be like right now if The Fed had not increased liquidity back during The Great Recession. Would the few banks that are failing now, mostly due to their own actions, have been around to fail? How many others would currently exist? Would the S&P 500 even be above 20,000? I think not. The primary reason The Great Depression hit the US so hard was that The Fed tightened instead of loosening liquidity, directly causing all those banks to fail causing great hardships for many.