Monday, June 23, 2008

The Fed, Between a Rock and a Hard Place

Much of this money has been created in the form of credit to either grease the wheels of our ‘borrow and spend’ economy or provide vehicles to allow banks to offload worthless assets onto the Federal Reserve to prevent insolvency. This translating into higher prices across the full spectrum of goods.

read more | digg story

No comments:

3-28-2025

Trump calls Signal chat fallout a 'witch hunt,' says the messaging app 'could be defective'   Furry hackers who leaked Proje...