tag:blogger.com,1999:blog-8305505968390768234.post32828480140046798..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: How the Fed Banking Cartel Stays a Cartelfdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8305505968390768234.post-30894583052586056322010-01-04T16:14:46.780-05:002010-01-04T16:14:46.780-05:00FDR: In a way, you didn't really answer the qu...FDR: In a way, you didn't really answer the question.<br /><br />You assert that the Fed is charging a few thousand percent too much for cash they issue.<br /><br />The question is: relative to <em>what</em>?<br /><br />If there is some other source of currency that free market players can get it from, then why wouldn't the banks get their currency from that market and simply ignore the Fed?<br /><br /><br />What you're saying implies that such a source doesn't actually exist. After all, if it did, then institutions (such as banks, but not necessarily limited to banks) could get their currency from that market and bypass the Fed entirely. But you appear to be arguing that they're not doing that, either. And that means that your assertion that the Fed is charging a few thousand percent too much must be speculative.kcbhttps://www.blogger.com/profile/16129427343119498596noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-3833154923124005932010-01-02T12:05:51.991-05:002010-01-02T12:05:51.991-05:00FDR best wishes for a great 2010!!
According to pr...FDR best wishes for a great 2010!!<br />According to prechter in a recent interview “Yes, a depression is a period that’s difficult for many many people, but it’s not the apocalypse, it’s not the end of the world. It’s just a tough period that’s gonna last, you know, five to seven years and then we’ll come out the other side.”<br /> It seems that prechter is not that pessimistic and hopes to see a recovery in about 5-7 years but your stand if i am not wrong is we will be seeing deflation for decades if not more.Neither does prechter see a end of the world or a move into the dark ages...then why are you so pessimistic ? Do you still believe we are headed into the dark age?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-87268329389317529472010-01-01T10:06:47.424-05:002010-01-01T10:06:47.424-05:00FDR, isn't it possible that banks that borrow ...FDR, isn't it possible that banks that borrow money from the fed are putting it somewhere where they can get a higher rate of return?What is keeping them from taking their $'s overseas, which is what the carry-trade crowd is doing?<br /><br />The Fed makes a nice profit, the banks still profit. For now...Anonymousnoreply@blogger.com