Originally Posted by BrooklynBomber
So, and basically the government does not want to cut the percent rate because of the inflation as I understand?
Not the government, the chairman of the federal reserve. Ben Bukake. Thats what Im going to call him from now on, because he does not deserve his true name spoken.
Whats sad is that he endorsed the 150 billion dollar economic stimulus package.
What good will money be without banks?
All of this could be solved if the fed cut rates, and bought the insurance companies that are about to go belly up.