http://blog.tenthamendmentcenter.com/2012/07/conservatives-and-the-elephant-in-the-living-room/ The Tenther Grapevine Tue, 21 May 2013 00:57:31 +0000 hourly 1 http://blog.tenthamendmentcenter.com/2012/07/conservatives-and-the-elephant-in-the-living-room/#comment-15963 DarylLloydDavis Wed, 01 Aug 2012 00:26:08 +0000 http://blog.tenthamendmentcenter.com/?p=12985#comment-15963 Irrational exuberance is a reflection of human nature, not Federal Reserve policy.
 
The baby elephant in all this is the propensity of people to follow custom and deposit their savings in banks at all. Take your money away from investment bankers and brokers: Giving them your hard-earned dollars is akin to allowing a Mob bookie to place your bets on whichever three-legged horses he chooses–very slow horses you just bought.
 
 

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