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    « What good is the Democratic Party? | Main | What a free market means to you personally »
    Tuesday
    Aug202013

    Why we need a free market, and now

    http://smaulgld.com/why-the-end-of-quantitative-easing-may-be-bad-for-the-dollar/

    Louis Cammarosano does an excellent job explaining the Fed's dilemma with QE. If the Fed eases, interest rates rise, and if the Fed continues the easing too long the dollar is devalued. What the country needs is a free market that shakes of gimmicks and manipulation by significantly lowering interest rates, eliminating market-killing regulations, and announcing that governent intervention is at an end, so all businesses know the rules by which to operate.

    If American businesses are released to do what they can do, and if energy production is not impeded, we'll see an economic boom that not only creates many good jobs, but it will reduce our deficits and attract foreign investment.

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