Ultimately, someone must save some money in order for there to be funds to lend out. At the bedrock foundation of our system, someone must save the money before someone else can borrow it to build a business. When the Fed just creates money out of thin air, the prosperity created is fools gold and temporary. That's why we see so many bubble, burst, and bust cycles. This is fools gold prosperity. Those who survive this crisis will eventually be the savers, not the spenders.
Submitted by sbenard on Thu, 2008/10/02 - 12:52pm »
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