Quote Originally Posted by ChunkyMonkey View Post
Each dollar loaned out by the Fed Reserve = 10 dollars available (created out of thin air) for your local banks in turn to loan out to you. We'll see inflation soon enough.
Sounds kind of like doing the same dumb old stuff that got us into this mess all over again, don't it? Except a bit worse. This time the mortgages on over priced properties, are being bought up directly with our money, and we're getting paid squat interest rates for holding the trash.