05-15-2008, 05:08 PM
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Ah My Balls
Industry Role:
Join Date: Feb 2007
Location: Under the gold leaf ICQ 388-454-421
Posts: 14,311
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Inflation Tax
http://www.house.gov/paul/tst/tst2006/tst071706.htm
Quote:
Originally Posted by teomaxxx
Central Eurobank, few weeks ago: "to cut interest rates at this point would be the same as taxing the people to bail out the banks. Cost of extra inflation would be the ultimate sign of moral hazard to save banks."
Productive economy and average J6P is getting squeezed in order to restore bad economy aka banking sector and wallstreet. wonderful plan
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