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To: central_va
Why can’t I borrow money directly from the Fed at 0% like banks get to do?

Banks can't borrow at 0%.

What’s the point of the middle man charging 4% on a 30 year note?

Do you understand the difference between an overnight loan and a 30 year loan?

92 posted on 12/16/2013 6:51:10 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

Let’s see, you hate states rights, love income taxes, hate tariffs and now you defend the Federal Reserve. I have nothing to ‘disgust’ with you.


93 posted on 12/16/2013 6:59:02 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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