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    • Thu Jan 17th 21:50 PM | Rating: 0 0
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      Fed's Indecisiveness Under Pressure Is Cause for Criticism
      Cutting rates is far less inflationary than a higher deficit that would be the result on increased government spending / rebate checks.

      There is a severe liquidity crisis and it is being caused by this Federal Reserve Bank. There is no money in the system period, except with Foreign holders of US Treasuries who get a tax free return of 5%.

      The interest on US Treasury Debt of $9 trillion is now $450 billion a year. If rates are not cut to zero% ASAP that $9 trillion is going to become $90 trillion soon. There is no need for the US Treasury to be paying these usurius tax free payouts, engineered by The FED.
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