Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Moltke

What free money? The EU and IMF have given out loans, not grants.


17 posted on 08/08/2012 8:52:10 AM PDT by Olog-hai
[ Post Reply | Private Reply | To 10 | View Replies ]


To: Olog-hai

LOL. “Loans” that could not be had at true market conditions (otherwise, what’s the whole point of these ECB “loans”?) = free money. “Loans” that will likely never be repaid = free money.

How about you loan me $50k at 1% and I promise to never pay you back? And if you don’t, well, I’ll call you a NAZI.


22 posted on 08/08/2012 11:41:21 AM PDT by Moltke ("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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