The whole crisis creation theory would imply a level of forethought, competence and cooperation in the Fed, Treasury, and Administration that I find myself unable to believe in. =======================In all seriousness, it doesn't require competence or cooperation. It just requires regulators to do nothing to curb abuses in financial firms creating bogus money in a fiat money economy. Out of control lending will inevitably produce a "singularity", at which point draconian measures can be applied.WTH
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