............The alternative is centralized control. When the market crashes, most people take a payhit bunker down and a few year down the road everything is fine again. When centralized control fails, tanks start rolling down streets.
I agree, and the controls seldom work comment....I agree with that too.
But that dont mean that its a good thing, or that it's not a bitter pill to swallow.
Why destroy what was good if you can avoid it?
Again... the root issue driving force is energy, and oil leading that.
And futures/speculators investing.
Sure, we need to find new energy soon before peak oil production is passed and we start running out,
But the investors driving inflation and causing global chaos is not needed.
There's your increase in new millionaires in america you were talking about.
Offspring of other millionaires, attacking the poor and countries economies as a whole.....for self-profit to buy more vacation homes, and mistresses and luxury cars.
The infectious greed Greenspan was talking about.
You.... can go rock climbing.... and feel fulfilled that you accomplished something and feel good about yourself, pet your dog, ride your bike, and be content.
Wealthy, and big investors....
Obsession with money is like compulsive shopping.
Fulfillment only lasts a day or two.