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To: FromLori

The banks are not hoarding cash they are loaning it all to government. Buying bonds. Then borrowing more from the federal reserve at .25% and buying bonds at 3%.

There is a wild man in charge and this is the safest bet they could find.


2 posted on 01/15/2010 9:25:29 AM PST by GeronL (http://libertyfic.proboards,com)
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To: GeronL

I posted it because of the food aspect and have posted some additional links about price hikes coming you might want to look at.


4 posted on 01/15/2010 9:27:15 AM PST by FromLori (FromLori)
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To: Red_Devil 232; tubebender

Interesting story. Jim Rogers usually has good insight. Another good reason to have your own garden and to can your own food!


6 posted on 01/15/2010 9:28:31 AM PST by MtnClimber (Be a Patriot, contribute to Free Republic today!)
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To: GeronL

“The banks are not hoarding cash they are loaning it all to government. Buying bonds. Then borrowing more from the federal reserve at .25% and buying bonds at 3%.”

You got that right. Exactly what the Feds want to happen—and then Obama bitches about them making profits.


14 posted on 01/15/2010 9:40:08 AM PST by WKUHilltopper (Fix bayonets!)
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To: GeronL

The banks are not hoarding cash they are loaning it all to government. Buying bonds. Then borrowing more from the federal reserve at .25% and buying bonds at 3%.

There is a wild man in charge and this is the safest bet they could find.


Truth in a nutshell. We have nothing but amateur Marxists and Fascists running this government. Even they don’t have a clue which totalitarian direction to go.


19 posted on 01/15/2010 9:45:02 AM PST by Steamburg ( Your wallet speaks the only language most politicians understand.)
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