I didn't think Fed printing would fix the economy. Did you?
In this system of fiat currency, "money" would become even harder to get for "main street" business and investment.
If I pay off my mortgage, less "money" is available for main street? Are you sure?
I didn't think Fed printing would fix the economy. Did you?
The way you've been going on about how great the Fed is, I thought you though it was the second coming! Go figure... lol Which does seem strange to find a "Fed Fanatic" posting on a conservative website. I figure you're a shill for the bankers or Fed, since you always come to their defense on these threads. The above is the first hint of any negativism against them from you.
If I pay off my mortgage, less "money" is available for main street? Are you sure?
Worse than that, if Americans paid off their CCs, it would completely crash the economy.