I think we are headed for the mother of all unintended consequences down the road.
If this crisis proves nothing else, it proves you cannot help people by lending them more money than they can pay back.--Phil Gramm
Surely, unintended consequences are a real danger when the monetary base has been bloated by a doubling of the Federal Reserve's balance sheet, and the federal deficit seems destined to exceed $1.7 trillion.--Phil Gramm
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