Posted on July 28, 2013 by WashingtonsBlog
Federal Reserve Policy Mainly Benefits Big Foreign Banks
We’ve extensively documented that the Federal Reserve is intentionally locking up bank money so that it is not loaned out to Main Street. Specifically – due to Fed policy – 81.5% of all money created by quantitative easing is sitting there gathering dust in the form of “excess reserves” … instead of being loaned out to help Main Street or the American economy.
0 comments:
Post a Comment