P protodigm Apr 20, 2008 #1 http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/19/ncrisis419.xml Precursor to what US will do?
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/19/ncrisis419.xml Precursor to what US will do?
A achilles28 Apr 20, 2008 #2 Why not. The Fed will own everything at the end of the day. Great time to get into the financing business. Just write a whole pile of bad loans then let the Fed buy them back at face value! Thats called inflation.
Why not. The Fed will own everything at the end of the day. Great time to get into the financing business. Just write a whole pile of bad loans then let the Fed buy them back at face value! Thats called inflation.