The Fed is taking HUGE risks with America's Future

[Omar Little]

Stefo aint be wit da program. ivan be jokin and dat boy fell fo dat shit

 

[Ivanovich]

Quote from Omar Little:

Stefo aint be wit da program. ivan be jokin and dat boy fell fo dat shit

W3rd.

 

[squirly309]

Quote from Roman Candle:

They create money of of thin air, they charge the goverment interest. They goverment gets you and I to pay that interest via income taxs.

The fed has zero risk, you and I carry all the risk.

I couldn't believe it in that 60 minutes interview when Bernanke said that they would simply 'mark up' the accounts of TARP recipient banks, which is basically creating money out of thin air using a computer. He said that measures will be taken to counteract inflation when the economy was stabilized and inflation was the primary concern. WTF. This guy has a PhD from MIT and this is the solution he comes up with? The FED SUCKS.