couple of bailout questions
Green Mtn
location: Observing the Progressive madness with considerably less amusement.
listening to: Grandchildren, the best reason for saving the future.
registered: 2004.04.03
posts: 2617
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excerpted from:
Were Legislators Threatened with Martial Law?I have one question I’ve not seen answered so far. If the credit markets really are “seized up” as so
many claim, why aren’t interest rates going up? Interest rates are the cost of credit, the cost of
borrowing money. If the supply of credit is drying up, interest rates should be skyrocketing. And
they’re not.Okay, I have a second question. Since the financing of this $700 billion will almost certainly come
from issuing more debt in the form of treasury bills, how does that help with credit liquidity? It should
do the opposite because that’s $700 billion less money available to others besides the government in
the credit markets.http://anomalynews.com/some interesting video clips
–--
“Restriction of free thought and free speech is the most dangerous of all subversions.” Wm O. Douglas
“Restriction of free thought and free speech is the most dangerous of all subversions.” Wm O. Douglas
G
Green Mtn
(view)
excerpted from:
Were Legislators Threatened with Martial Law?I have one question I’ve not seen answered so far. If the credit markets really are “seized up” as so
many claim, why aren’t interest rates going up? Interest rates are the cost of credit, the cost of
borrowing money. If the supply of credit is drying up, interest rates should be skyrocketing. And
they’re not.Okay, I have a second question. Since the financing of this $700 billion will almost certainly come
from issuing more debt in the form of treasury bills, how does that help with credit liquidity? It should
do the opposite because that’s $700 billion less money available to others besides the government in
the credit markets.http://anomalynews.com/some interesting video clips
–--
“Restriction of free thought and free speech is the most dangerous of all subversions.” Wm O. Douglas
“Restriction of free thought and free speech is the most dangerous of all subversions.” Wm O. Douglas
