So the FED is saying they are going to keep flooding the market with currency in order to stop potential reserve issues, which cheapens our buying power and provides safer lending, which has been the issue for a while I guess..that liquidity has been non-existant and this deals with that issue.
So much for taking our medicine and digging our way out.
Looks like it to me.
So the FED is saying they are going to keep flooding the market with currency in order to stop potential reserve issues, which cheapens our buying power and provides safer lending, which has been the issue for a while I guess..that liquidity has been non-existant and this deals with that issue.
So much for taking our medicine and digging our way out.
Some of these arses are going to have to start lending money, capital spending, create jobs, play along with the federal government, ect. because if this whole thing blows up and the whole system completely implodes, there will probably be a hell of a lot more of these arses sitting in jail, right where they belong. That being said, through out history those who had the highest manufacturing output per capita enjoyed the highest standard of living, the highest property values, the most capable military, ect. For God's sakes, if we get the hell out of Iraq, quit borrowing billions to spend billions every month in Iraq, and quit contributing to the bankruptcy of our own US economy from the unnecessary war in Iraq. That would be helpful for us in and of itself.
Some of these arses are going to have to start lending money, capital spending, create jobs, play along with the federal government, ect. because if this whole thing blows up and the whole system completely implodes, there will probably be a hell of a lot more of these arses sitting in jail, right where they belong. That being said, through out history those who had the highest manufacturing output per capita enjoyed the highest standard of living, the highest property values, the most capable military, ect. For God's sakes, if we get the hell out of Iraq, quit borrowing billions to spend billions every month in Iraq, and quit contributing to the bankruptcy of our own US economy from the unnecessary war in Iraq. That would be helpful for us in and of itself.
well hopefully the banks will start lending (especially when they now expect us to spend our way out this crisis)... If they don't then get ready for some massive inflation. Also this doesn't help the foreclosure situation at all when many homes are still underwater.
well hopefully the banks will start lending (especially when they now expect us to spend our way out this crisis)... If they don't then get ready for some massive inflation. Also this doesn't help the foreclosure situation at all when many homes are still underwater.