To: dennisw
Marc is always a sunny person.
He has been saying this for years and he may be right.
BUT none of the Fed policies work UNLESS the banks start lending more. Then, WATCH OUT for hyperinflation.
To: whitedog57
7 posted on
09/15/2012 8:00:13 AM PDT by
eclectic
(Liberalism is a mental disorder)
To: whitedog57
Even if the banks have money to lend, that does not mean businesses will take out the loans. There is just too much uncertainty to take the risk. Consumers are not consuming, so there is less manufacturing. It will continue this way into the foreseeable future.
8 posted on
09/15/2012 8:01:20 AM PDT by
Excellence
(9/11 was an act of faith.)
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