andrewducker: (movie review)
andrewducker ([personal profile] andrewducker) wrote2008-10-11 11:00 am

I know, I know, I'm obsessed

Interesting viewpoint here that the governments should stop interfering in the credit crunch, because they're setting things up for "an inflationary holocaust":

[identity profile] henriksdal.livejournal.com 2008-10-11 10:23 am (UTC)(link)
Youtube decided to show me a video of three people in a grocery store discussing robots vs werewolves. yaay!

I see your serious interest and raise you

[identity profile] rhythmaning.livejournal.com 2008-10-11 12:19 pm (UTC)(link)
When the crunch first started, I remember reading somewhere that it was largely down to the relaxation of monetary policy by the Fed - ie Alan Greenspan - following the bursting of the tech stock bubble in 2000. This made credit very cheap, raising the prices of many asset classes to bubble proportions - notably housing.

Sorry, I can't remember where!

[identity profile] kurosau.livejournal.com 2008-10-11 08:19 pm (UTC)(link)
I believe (now that I've watched this video) that I dislike this adventure capitalist and his ideas of an inflationary holocaust.