Re:The American Housing Crisis Might Be Our Next Big Politic...
by pjmorris on Wednesday May 16, 2018 @09:51PM
(#17088070)
> It is a sad fact of life that the best outcome for everybody is to let the economically productive take first pick of any available resources;
Which is to say that the people who create money (what's more economically productive than willing money into existence?) via issuing credit (banks) or borrowing on the US's account (the Fed) will have first pick of available resources.
Which is to say that the people who create money (what's more economically productive than willing money into existence?) via issuing credit (banks) or borrowing on the US's account (the Fed) will have first pick of available resources.