Sat Mar 23, 2024 11:33 pm by globalturbo
The Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People
Posted on July 4, 2013 by Ken McMurtrie
Reblogged from THE INTERNET POST:
The Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People
'Did you know that U.S. banks have more than 1.8 trillion dollars parked at the Federal Reserve and that the Fed is actually paying them not to lend that money to us?
An extract: "This explains why all of the crazy money printing that the Fed has been doing has not caused tremendous inflation yet. Most of the money has not even gotten into the economy. The Fed has been paying banks not to lend it out. But now that big pile of money is sitting out there, and at some point it is going to come pouring in to the U.S. economy. When that happens, we could very well see an absolutely massive tsunami of inflation."
Thanks to: http://tgrule.com
Posted on July 4, 2013 by Ken McMurtrie
Reblogged from THE INTERNET POST:
The Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People
'Did you know that U.S. banks have more than 1.8 trillion dollars parked at the Federal Reserve and that the Fed is actually paying them not to lend that money to us?
An extract: "This explains why all of the crazy money printing that the Fed has been doing has not caused tremendous inflation yet. Most of the money has not even gotten into the economy. The Fed has been paying banks not to lend it out. But now that big pile of money is sitting out there, and at some point it is going to come pouring in to the U.S. economy. When that happens, we could very well see an absolutely massive tsunami of inflation."
Thanks to: http://tgrule.com
