To: Toddsterpatriot
We dont know what the terms are of the money the banks are getting from the fed do we? Or is the bank gambling that interest rates will stay low, the terms of the bond.
12 posted on
08/15/2010 7:12:45 PM PDT by
sickoflibs
("It's not the taxes, the redistribution is the federal spending=tax delayed")
To: Toddsterpatriot
13 posted on
08/15/2010 7:13:43 PM PDT by
sickoflibs
("It's not the taxes, the redistribution is the federal spending=tax delayed")
To: sickoflibs
We dont know what the terms are of the money the banks are getting from the fed do we?The discount rate is 0.75% (up to 1.25%) and the term is overnight to a few weeks.
15 posted on
08/15/2010 7:19:13 PM PDT by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson