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Okay, where were you during 2008?... Why wouldn't they? Without the Fed around forcing interest rates down, people might actually make money...
Yes, and if they make bad, unsound investments they will lose money and/or go out of business...
No, this should be implemented by the people. If a Bank isn't keeping a 100% reserve, they aught to be taken to court and charged with fraud...
Look - I have to go somewhere. Maybe we'll continue this discussion later...
I would actually be in favor of re-instating Glass-Stegall. And even Paul - the less government guy - didn't vote for the repeal of it...
Banks would offer term CDs to make loans and millions of Americans who are saving for retirement will invest in them (instead of the unpredictable...
2008 would have never happened if the Fed wasn't around pumping easy money into Wall-Street...
From what I understand, he against SEC regulation because the regulators are usually bought out by the big banks...
Yes, Banks can make money off of term CDs but they shouldn't mess with people's deposits...
Paul's calling for an end to fractional reserve banking is stronger than any regulation you or any other Keynesian I know is calling for...
Hence the need for Banks to be required to have 100% reserve. As banks guarantee the money of their depositors, it should be considered fraud if...
Umm.....did I say anything about tax cuts? Personally I would have a problem with tax cuts as we have a $1 Trillion dollar annual deficit...
Which is why I support getting rid the of the Fed. With a lender of last resort like the Fed around, Banks can and will treat people's money as...
Low interest rates didn't lead to the housing bubble? Riiight....
fixed
Yet his solution to our problem is more spending, inflation, lower interest rates, and debt (the very policies that led to the housing bubble). I...
I mean he is totally crazy.... <iframe width="420" height="315" src="http://www.youtube.com/embed/9S3lXDOQ7ec" frameborder="0"...
Paul predicted the housing bubble as early as September 6, 2001. <iframe width="420" height="315"...
Interesting discussion between Ron Paul and Paul Krugman... <iframe width="420" height="315" src="http://www.youtube.com/embed/jEmKIRqz9AI"...
Believe it or not I agree with everything you said here. But what Major was saying is that it had nothing to do with high gas prices when...
