Even at the expense of the taxpayer when banks make obvious bad loans?Originally posted by: LegendKiller
Providing a liquid monetary system is in the line of reasoning. The Fed's decisions are predicated upon several variables.Originally posted by: PC Surgeon
Would controlling banks be in that line of reasoning?Originally posted by: LegendKiller
Did I ever say that the Fed should master, has mastered, or will master plan the economy?Originally posted by: Dissipate
Including you, because you contradict yourself. On the one hand economics is not a hard science and yet on the other hand we can expect the Fed to accurately master plan the economy?Originally posted by: LegendKiller
I know you certainly do, but many other's don't.
I think you're quite confused as to what the Fed is doing.