Posts Tagged ‘maze’

A Monetary Maze From Which There Is No Easy Escape

Bob ChapmanInternational Forecaster Aug 28, 2011 It has been almost three years since the Federal Reserve took its interest rates to 1% and most recently to zero. This allows member banks to borrow money at no cost. The Fed lends to large banks with little or no control, so that these banks, some of which […]

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