Comments for Government hangover at http://www.adamsmith.org , comment 1 to 6 out of 6 comments http://www.adamsmith.org Thu, 08 Jan 2009 17:23:02 +0100 FeedCreator 1.7.3 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1151 Financial markets are better regulated by their customers looking carefully before parting with their cash, not by distant regulators. Those many distant regulators ranking just below the well-known usual suspects, hope to remain unknown and unknowable. That way, when this storm blows over, they can move onward and upward to positions of even more incompetence. - Jack Coupal Sat, 20 Sep 2008 15:01:20 +0100 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1150 Gold and silver are the only real investment tool anybody should be using at this point. All fiat currencies follow the same pattern eventaully which leads to the currency becoming of little value versus gold. For an informative look at precious metal investing vs our current economic crisis check out my blog at http://goldvseconomiccrisis.blogspot.com/ Thank you - metalman Sat, 20 Sep 2008 13:47:57 +0100 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1148 I think we can safely assume that you guys will need to head back to Mont Pelerin and start plotting again, since the politicians won't be listening for another couple of decades. Still, you had fun while it lasted..... - Scotsman Fri, 19 Sep 2008 15:13:35 +0100 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1147 Agreed - Greenspan, Brown and co resorted to pumping in liquidity at the first sign of trouble. Browns view that we need "never again return to the days of boom and bust" suggests he thought that liquidity was a cure all. In fact it lies at the route of all todays mess - JC Fri, 19 Sep 2008 13:20:02 +0100 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1145 A question: "When is bad debt not bad debt?" Answer : "When the US Congress thinks it can legislate it away!!!" - dream on Representatives. - Steve Giess Fri, 19 Sep 2008 11:01:19 +0100 http://www.adamsmith.org/blog/regulation-and-industry/government-hangover-200809192143/#comment-1143 Money supply in the US and in the UK has accelerated in the last decade. Presumably governments encouraged this because it increased growth and therefore tax take; and allowed it because inflation was low - thus creating the conditions for the present crisis. I am not an economist (you'd probably guessed) but doesn't the injection of $180 billion give money supply another sharp twist upwards? - Bill Young Fri, 19 Sep 2008 06:28:16 +0100