Economist Peter Schiff points out that the Fed is probably already quietly engaged in monetary easing, which can be accomplished by simply lending to the banks knowing that they will turn around and buy Treasuries, making a cool 2-3 percent profit in the risk free deal and providing an apparent lender to the government at the same time. Twisted.
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
http://chumly.com/n/d96afa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment