Inflation, deflation, subprime mortgage crisis, & banks | financebis
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On clarification: I shouldn’t have said ALL the interest goes to a bank. Part predominantly goes to either the Fed or depositor of an interest air account. The bank only skims the quarrel in the interest rates. My views on the mull over about inflation vs. deflation and the subprime mortgage danger. keywords: touch on stearns banking parasitic foreclosure up on legislature fed federal standoffishness primary bank goldman sachs repo peter out dollar yen us japan slump m3 gdp gnp calamity inflation
I conform that penetrating interest rates is an inflationary move, but can they cut interest rates below zero? It will premiere c end to a drift where they will have to graze collect interest rates, thus causing deflation. Also, owning something of value isn’t a very accomplished philosophy in a deflationary atmosphere because next year, that “component of value” will be usefulness less, at least in dollar amounts. If a deflationary the blues happens, gold, oil, houses and cars will all plummet in cost. I accord with most of the video.
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