Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

overtheedge
Member since May 2012
680 commentaries - 6 followers

6 followers

has posted a comment on the article :

Variable-Rate World, Part 4: Japan's Home Buyers Up In ARMS

- John Rubino - Dollar Collapse

"... artificially-low interest rates, also known as financial repression, lead to disaster by inducing people to borrow too much money via either short-term or variable-rate loans. "

Inducing?
I find it odd that the essayists have a problem with intellectual honesty.
Bankers have always been enablers. That is the business of banking.
Heroin dealers sell heroin. That is the business they do.
Politicians spent other peoples money. That is their nature.
Are you suggesting that bankers and dealers should refuse to do business with eager buyers?
Are you suggesting bankers and dealers have a moral obligation to seize control of a buyers right of choice?

The people have a sovereign right to choose.
And with it comes a heaping bowl of consequences.
It is intellectually dishonest to claim the enablers as the guilty party.

The problem is, was and will always be the buyer's unwillingness to accept "Caveat Emptor".
If the people refuse to contain their seemingly insatiable lusts, then they deserve their just rewards.

Commented 3539 days ago

Send

Beginning of the headline :Everyone knows that Japan deeply is in debt and one way or another is going to suffer for it. But for those who thought the story couldn't get any worse, well, the creativity of the financial repressors never ceases to amaze. It turns out that, in addition to a government that borrows way too much money at unnaturally low rates -- guaranteeing that rates can never be allowed to rise because the cost of paying even 2% interest would bankrupt the country -- Japan's homeowners have discov... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis