I tweeted this earlier today...not an answer but some good compare/contrast food for thought. I think the reality is that very few of us are actually ok with what our world would look like sans govt. intervention. Even the hope of intervention has buoyed the markets. Illiquidity is rampant and our money is fake. The Govt. prints the money we carry and it is govt. standing internationally that establishes the power of our dollars and the ability to provide liquidity and leverage so that people can get "$1200 worth of alarm equipment for FREE!".
I tweeted this earlier today...not an answer but some good compare/contrast food for thought. I think the reality is that very few of us are actually ok with what our world would look like sans govt. intervention. Even the hope of intervention has buoyed the markets. Illiquidity is rampant and our money is fake. The Govt. prints the money we carry and it is govt. standing internationally that establishes the power of our dollars and the ability to provide liquidity and leverage so that people can get "$1200 worth of alarm equipment for FREE!".
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