Thursday, April 23, 2009

Pursuant to Previous Post

It occurs to me that the guy I quoted was overlooking the idea that his assertion is dependent on conditions; sometimes demand is the controlling factor, but sometimes supply is, right? I mean, the banks couldn't lend if they had nothing to lend, right? So now they have something. I think they should be emboldened to embrace the demand that's right there in place right now, even if it means, as another respondent suggested, having loans underwritten by the government and made through the banks.

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