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| User Info | DON'T Daytrade Stocks Like This; entered at 2012-05-03 01:09:05 | |||
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Aethor Posts: 123 Registered: 2011-11-15 
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Quote:Where is the instrument that pays a paltry 5% at low risk in a strong currency in a low inflation economy? Nowhere, when a bank creates money out of thin air, loans out 20-30 times what it has, and if it fails they get bailed out - and even if they don't, bank management does not feel any personal consequences. Why would they take money from you at 5% and look for people to take loans at 6.5% when they can just write in their computer that there is money, loan it at 1% to government or 2.5% - 5% to people, and pocket their bonuses? Last modified: 2012-05-03 01:09:27 by aethor
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