Thanks for the ping!
Thank You for that link!
In theory this action by the Fed loosens up credit. But today, hardly any mortgage banks are lending money without 20% down at a minimum combined with A+++ perfect credit. The only credit lines that are truly eased is bank-to-bank lending. In effect, this is a magnificent fraud on the public by The Fed and the international banking cabal.
But monetary burdens on taxpaying Americans are not eased -- they are increased exponentially.
How many $$$$ Trillions in Monopoly Money have been printed during the past two years by Bernanke ___ ?
Nobody knows. It's all a treated as a 'state secret.' Just like statistics on which banks are getting direct loans from the Federal Reserve. There is no transparency in our corrupt banking system.
The truth is masked by complex banking 'terms of art,' and pure Nazi-Like Propaganda -- designed to mislead, and smoke and mirrors. In short, its all lies . . .
A hat tip to M. Espinola for the news source above.