Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Toddsterpatriot
I know. Trading those bonds yielding 3% and up for that cash yielding 0.25%!

I'm sure most of what they buy beats inflation.

85 posted on 01/04/2014 1:35:03 PM PST by Partisan Gunslinger
[ Post Reply | Private Reply | To 84 | View Replies ]


To: Partisan Gunslinger

The Fed gives the banks cash, in exchange for their bonds. The cash yields 0.25%.


86 posted on 01/04/2014 1:42:42 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 85 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson