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To: Yosemitest
WRONG !

It's 10% of the total of the loan for just one night.

LOL!

No.

55 posted on 09/21/2019 1:52:40 PM PDT by Toddsterpatriot (TANSTAAFL)
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To: Toddsterpatriot
Nowhere in those articles does it say that the interest is "annualized".

I could be wrong, but I believe the Fed's thinking" is that those interest rates will draw back in some of the worthless dollars they've printed, thus reducing the worthlessness of our dollar.
56 posted on 09/21/2019 2:00:01 PM PDT by Yosemitest (It's SIMPLE ! ... Fight, ... or Die !)
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