Wednesday, December 30, 2009
Has any government official thought to ask Mr. Bernanke why he has been charging banks between 500% and 10,000% (with momentary spikes to infinity) more for 30 day cash than the longer term 3-Month Treasury rate, since August of 2007?
Are the safest banks in our system really that risky? Or is the Fed trying to make them that risky?
Posted by fdralloveragain at 10:34 AM