Strafer Jack - I couldn't have predicted 225billion or nearabouts of funny money being pushed into the system and near 0 interest rates - the market correction that should happen would be welcome by most of the young methinks - and even myself as a homeowner so I stand by my comments at the time. BTW -even the Pope blames it on the Banks In material goods markets, natural factors and productive capacity as well as labour in all of its many forms set quantitative limits by determining relationships of costs and prices which, under certain conditions, permit an efficient allocation of available resources. In monetary and financial markets, however, the dynamics are quite different. In recent decades, it was the banks that extended credit, which generated money, which in turn sought a further expansion of credit. In this way, the economic system was driven towards an inflationary spiral that inevitably encountered a limit in the risk that credit institutions could accept. They faced the ultimate danger of bankruptcy, with negative consequences for the entire economic and financial system.