Inflation, deflation, subprime mortgage crisis, & banks

admin — Tue, 24 Feb 2009 02:00:15 +0000

On clarification: I shouldn’t have said ALL the interest goes to a bank. Part generally goes to either the Fed or depositor of an interest bearing account. The bank only skims the difference in the interest rates.

My views on the debate about inflation vs. deflation and the subprime mortgage crisis.

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Inflation, deflation, subprime mortgage crisis, & banks