Q. Why does the Fed come to the rescue? A. Because "while the risks inherent in the business of lending and borrowing should be finally borne by the public, the profits of that line of work should mainly accrue to the lenders and borrowers." In other words, the Fed works for the banks.
read more | digg story
Subscribe to:
Post Comments (Atom)
4-18-2026
Trump officials may be encouraging banks to test Anthropic’s Mythos model The FBI Director Kash Patel is MIA Iran says Strait of Hormuz wi...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm... -
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment