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George Osborne orders deeper cuts after next election

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    #51
    Originally posted by Robinho View Post
    No, Alan Greenspan did that.

    You have to understand, that the banking collapse was a symptom of the crisis, and not the cause.
    And the banks played no part in creating the mess? Don't be such a prat. The banks spent millions lobbying politicians to get what they wanted dating back as far as Bush the first.
    People like you would have been applauding the deregulation. You do after all state you are for free markets.

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      #52
      Originally posted by ZARDOZ View Post
      And the banks played no part in creating the mess? Don't be such a prat. The banks spent millions lobbying politicians to get what they wanted dating back as far as Bush the first.
      People like you would have been applauding the deregulation. You do after all state you are for free markets.
      Two banks definitely played a part....





      I am for free markets, that means i am against centrally planned interest rates, and a centrally planned monetary base. In fact, these are by far the 2 things that shouldn't be centrally planned, because they provide signals to businesses and people about when to invest and when to save, and distortion of these signals by the government creates booms and busts.

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