When there is too much money in the system, it always leads to fraud. You always have actors to try to capture some of it.
A lot of goofy economists think low interest rates promote growth. This is the doxa of central banks today. It impoverishes the poor, makes the rich richer, and it's all run by people with no morals. If we had learned just one lesson from 2008, it should have been this: abolish central banks!
When there is too much money in the system, it always leads to fraud. You always have actors to try to capture some of it.
A lot of goofy economists think low interest rates promote growth. This is the doxa of central banks today. It impoverishes the poor, makes the rich richer, and it's all run by people with no morals. If we had learned just one lesson from 2008, it should have been this: abolish central banks!