Categories

Login Status

You are not logged in.

Polls

How Is My Site?

View Results

Loading ... Loading ...

Calendar

November 2009
M T W T F S S
« Oct   Dec »
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Fed keeps it easy

The US Fed has decided to keep the money flowing and the economic system in life support. No doubt we will end up paying more with in future with inflation, so why the ultra low rates? Simple, many big banks are insolvent, so they are doing whatever it takes to make them extremely profitable. It’s going to be a few years before interest rates on banks go back to normal level. […]