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To: Toddsterpatriot

Not now, I’m using my cell phone. It is no secret that the Fed loans to banks for an effective interest rate of zero.


20 posted on 11/01/2010 12:55:19 PM PDT by Hugin (Remember the first rule of gunfighting...have a gun..-- Col. Jeff Cooper)
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To: Hugin
It is no secret that the Fed loans to banks for an effective interest rate of zero.

It is a secret, because the current Discount Rate is 0.75%.

And loans are not what you claimed.

26 posted on 11/01/2010 1:02:34 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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