Re:What the Fluck
by mistermann on Sunday December 08, 2013 @02:33AM
(#6869235)
> Despite being highly rational behavior, it was at times deleterious.
Very true, but the lesson of what can happen when caution is thrown to the wind would minimize irresponsible behavior for a very long time. Contrast that with current practice which is to drop interest rates to insane levels so people can continue doing what got them into trouble in the first place.
Very true, but the lesson of what can happen when caution is thrown to the wind would minimize irresponsible behavior for a very long time. Contrast that with current practice which is to drop interest rates to insane levels so people can continue doing what got them into trouble in the first place.