Joe Rotger

Inequality and the Credit Crisis

I'm always surprised to read that Bernanke's rescue and money supply watering of the financial credit meltdown are so morally inadequate.
The alternatives are best viewed by the little dutch boy story, whom seeing the leak in the dam left it alone, ...it would promote shoddy construction in the future and people in the valley should know better. Well, they all died, including the morally prude...
Especially, when considering that the author does recollect the gilded age, which mirrored the ongoing credit crisis and ended so apocalyptically...
Fortunately, Bernanke is at the helm of the Fed in this mess.