Monetary Insanity

[Mav88]

Quote from pspr:

I think they borrow the money from the Fed then lend it back to the Fed for a slightly higher rate for a risk free profit with the Fed's money.

Can't beat a deal like that!

right, we need to seperate a few things

QE is all about financing the deficit and the housing market, the banks are just middlemen with a guaranteed profit on the exchange and price support for their shitty assets

the original TARP basically paid the banks to sit on cash


the zombie economy, failed and phony