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Pumping It Up

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 18 Sep 12 3:39 PM | 49 view(s)
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Msg. 44138 of 45651
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In the US, we have a similar situation. Dr. Bernankenstein’s objective is to put a floor under home prices and to stimulate hiring. The money supply is at all time highs (see charts below). The Fed wants the banks to lend. Banks can lend to the Fed and get a return on their cash, because they can borrow from the Fed at 0%, and buy 10 year bonds for 1.8%. That benefit, captured by the banks, does not trickle down to the average person, but Bernanke claims it does.

more,,,,,,,,,,,,,,,,,,,,lot more lol

http://www.zerohedge.com/contributed/2012-09-18/pumping-it?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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