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The central bankers are essentially price setters. It is their inability to set prices correctly (no central planner could ever do this correctly) that causes the boom bust cycles. The only way to end these cycles is to end the central bank. That is not going to happen, short of a Soviet style collapse.
I can't wait for the 2.5 million new jobs that Obama will create in the economy. This flow of money from the private sector towards the government sector will be just we need in order to plant more trees in or cities, flowers in our parks, install better drinking fountains at football stadiums, and better looking stop signs, and stop lights. Oh the "New Deal" will be sweet for America.
The bromides of the 1930s have come back into fashion. The markets have "failed," the government must step in, all our problems are due to the lack of regulations: Washington knows best, and will take things in hand.- cf. "The Resurrection of the Socialist Idea" by Justin Raimondo
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it's sow and reap
END THE FED