Quote:
Originally Posted by TheDoc
Lots of things they could do....
They could make banks, directly responsible for the credit they give out.
They could lower the banks loan ratios.
Or they could simply make it as tough to get credit as it used to be not long ago.
Whatever the solution is, it does not involve creating more fake, bloated, credit marks to prop up markets and industries, that always create false product demand/growth, thus when the credit market dries up, the damage is much worse to the overall economy.
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I'm not sure if any of your suggestions are really practical now, but I agree, when the economy becomes a bit healthier we should look into some ways to tighten up the credit a bit or similar credit bubble will be created in a few years again...