[Toddsterpatriot]

That and the pesky prime rate they lend on the money they print. For very dollar they print they also get to loan, IIRC, 7 at the prime rate.

I'm afraid to ask where you got this info.

Ever notice that the prime rate and the rate of inflation are usually about the same?

Not even close. Do you know why it's called the Prime Rate?

[CodeToad]

"That and the pesky prime rate they lend on the money they print. For very dollar they print they also get to loan, IIRC, 7 at the prime rate. "


"I'm afraid to ask where you got this info. "


Are you saying that isn't true? Lay it one the line, guy, is it or isn't it true the fed loans a ratio against the printed dollar?

[LurkingSince'98]

hey Todd!

all you do is ask everyone where they got their info.

You must spend all day watching CNBC. The stuff you are questioning is VERY basic.

Lurking'