Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If you believe so, explain why there's an extra $1.75+ Trillion of GSE MBS on the Fed's balance sheet that weren't there in 2008. QE maneuvering can lower interest rates without having to buy $2 Trillion in GSE MBS. Why only GSE MBS? Why not privately-issued MBS, as well?
If you believe so, explain why there's an extra $1.75+ Trillion of GSE MBS on the Fed's balance sheet that weren't there in 2008. QE maneuvering can lower interest rates without having to buy $2 Trillion in GSE MBS. Why only GSE MBS? Why not privately-issued MBS, as well?
QE3 was intended to bail the mortgage/housing industry by off loading risk and crap paper. It also helped lower mortgage rates.
Because free markets, usually our best choice for production and consumption works fine with both. Not so with HC for many reasons. Combine that with the realities that HC is so important to so many people, so very expensive and with a natural distribution of need that is unlike most free markets. i.e. the aged require a disproportionate amount.
HC is not a right, but IMO we should within reason try and make it so. So we can and do, as IMO a rich and caring advanced society should.
Absolutely false. It wasn't until the government started meddling in the HC industry that prices started to skyrocket.
Absolutely false. It wasn't until the government started meddling in the HC industry that prices started to skyrocket.
Same with government meddling in student loans resulting in skyrocketing college costs. And government meddling in the housing industry caused the housing bubble and burst.
That's a well known American condition we're seeing displayed right here so why not just inundate you with information to counter your one anecdotal claim by stating factual stuff that more than overshadows your usual bullcrap about something you know nothing about:
That's a well known American condition we're seeing displayed right here so why not just inundate you with information to counter your one anecdotal claim by stating factual stuff that more than overshadows your usual bullcrap about something you know nothing about:
Absolutely false. It wasn't until the government started meddling in the HC industry that prices started to skyrocket.
The meddling was due to private market failure. The privates don't and won't want to share in the serious HC risks of the disabled, those with pre-existing disease and the elderly.
Absolutely? Prove it, should be easy with that type of confidence.
Of course nothing is absolute. I have no doubts that central interventions have distorted HC markets. Raised many costs here, lowered them there. But the fact that HC insurance as a private entity could manage to care for the poor, disabled, chronically sick and elderly, at a useful price point is absurd. Social programs will arise when there is a societal need and a void in covering these people. Particularly as it applies to the elderly and Medicare. That cannot happen without some serious central control. Not here in the USA, not anywhere.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
