Quote Originally Posted by Vteckidd View Post
FED stops booms and busts,

WE HAVE BOOMS AND BUSTS

seems legit.
Who is arguing that the fed stops booms and busts. In my post right before you made the comment I said:

Quote Originally Posted by bu villain View Post
No the Fed can't stop panics, runs on banks, recessions, booms, or busts. They can only lessen the pain and severity of them.
Is there a strawman in the house?