Which do you favor to solve the current banking mess? - Page 2 - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

SeattleUte · 10-02-2008, 03:11 AM

Quote:

Originally Posted by TripletDaddy

defrauding shareholders is already criminalized.

maybe I dont know what it is exactly that you are talking about.

Only in extreme circumstances is "securities fraud" criminlized. In most cases only civil penalities or liability is imposed. There has to be literally stealing and/or wilfull lying. Are you aware something like that has gone on here?

MikeWaters · 10-01-2008, 06:18 PM

Quote:

Originally Posted by ute4ever

Printing a trillion new dollars would help some of the problem now, but with that additional money saturating the market, wouldn't the inflation rate suddenly spike?

It makes the dollar even weaker. And yes, inflation is one of the fears whenever you print more money.

BarbaraGordon · 10-01-2008, 06:19 PM

Quote:

Originally Posted by ute4ever

Printing a trillion new dollars would help some of the problem now, but with that additional money saturating the market, wouldn't the inflation rate spike?

We've been operating this way for decades. Why stop now?

View Poll Results: Which do you favor to solve the banking mess?
Trust markets, Fed and Treasury making targeted interventions, no one goes to jail	10	76.92%
Print new money, put a few people in jail to mollify the masses, no other culprit suffers	3	23.08%
Voters: 13. You may not vote on this poll