[landemva]

I agree with much of this. If we got the Fed out of the business of propping things up, the downturn would be quick and underperforming assets would change hands and quickly be productively redeployed. Instead, Fed in partnership with government will prop this up and protect the incumbents/existing winners.

[dragonwriter]

> If we got the Fed out of the business of propping things up, the downturn would be quick and underperforming assets would change hands and quickly be productively redeployed

Interesting belief. Things like the Long Depression challenge it, though.

[reasonabl_human]

Where do you folks go to learn on these macroeconomic topics?