The great inflation of 2009
The Free Liberal
by Fred E. Foldvary
12/09/08
Falling demand results in lower prices, but only if the money supply is kept stable. Much of the $7 trillion spent or pledge[d] to patch up the financial markets has been and will be money created by the Federal Reserve. Billions of the new dollars are already sitting in the banks as ‘excess reserves,’ funds beyond the required minima. Bankers have feared to loan out that money as losses from past bad loans continue to mount. But some time next year, 2009, the trillions of new dollars will start screaming, ‘loan me out, please’...
http://www.freeliberal.com/archives/003649.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=inflation
http://freepage.twoday.net/search?q=Fred+E.+Foldvary
by Fred E. Foldvary
12/09/08
Falling demand results in lower prices, but only if the money supply is kept stable. Much of the $7 trillion spent or pledge[d] to patch up the financial markets has been and will be money created by the Federal Reserve. Billions of the new dollars are already sitting in the banks as ‘excess reserves,’ funds beyond the required minima. Bankers have feared to loan out that money as losses from past bad loans continue to mount. But some time next year, 2009, the trillions of new dollars will start screaming, ‘loan me out, please’...
http://www.freeliberal.com/archives/003649.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=inflation
http://freepage.twoday.net/search?q=Fred+E.+Foldvary
rudkla - 11. Dez, 09:57
