So next time we have a financial crisis like back in 2008, where liquidity all but dried up and the economy practically came to a screeching halt, the Fed shouldn't do anything? Government should just stand on the sideline and watch the entire economy fall into depression, eh?the US Constitution calls for Money to be coined by US Gov... not by some Private Company that makes 6% vig off of all printed debt which gets kicked back to the Primary Dealer Banks... what a deal. Money for nothing chicks for free...
I support the Nuremberg Principles... The US Constitution and International Law... Like Ron Paul said... End The Fed... End the Crimes...
Your reply: Nah, who cares if hundreds, if not thousands, of these banks go under. And who cares if millions of people lose their jobs. Let them suffer. They deserve it. There will be food banks and bread pantries to help them out.