Quote:
Originally Posted by PressThePace
Scary, indeed. But, how much can the Fed do moving forward?
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its not just the federal reserve, every central bank in the world is doing the same thing.. i have no idea how its being done either.
but if you can keep the interest rates low or negative, you can print up all the money you want. it could easily take over a decade for the financial systems throughout the world to implode, even longer. in this world today, you are rewarded for owing money. if you save money you are penalized. this is the exact opposite of the way conservative america became the best nation the world ever new.