Originally Posted by Epoch

1) I know he disagrees, and he knows an awful lot about money. Doesn't stop me from thinking this is a terrible idea.
2) Well, first we have to get the money cause we don't actually have it. Either we a) borrow it from other countries or b) print more of it, and both those ideas are bad in the long term. Politicians are attempting to stave off a recession now, but at the risk of larger problems in the future. I think we need a controlled natural market correction as opposed to a bandaid.

And there are many, many problems beyond the subprime. We need to explore regulations more intensely on industries that need to be stable (In some ways the national banking system is an oliogopoly, and those need to be controlled if possible), we need to explore alternative fuels to reduce production volitility due to rising fuel costs, we need to also find a way to control our import export ratio, and reduce potential economic problems for if/when the Yuan gets adjusted to it's appropriate market value, and that's just the surface of issues we need to address now.