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USA- Brand Whatever

dtaylor944 Wrote: Jan 05, 2013 12:08 PM
I keep hearing about all this money, and how there is no reason business do not flourish. The money is in the bank, or is it? They are not loaning therefore business does not expand. The government just keeps printing money but it is actually only valued as much as the paper it is printed on.
Joseph64 Wrote: Jan 05, 2013 3:21 PM
The risk to banks is too high when interest rates are this low. They'd rather put the money into short term government securities and roll it over until the Fed decides to raise interest rates. A little interest with zero risk is better than only slightly more interest with a lot more risk. The banks are essentially existing off of our taxes right now.

The fiscal cliff is over. And it turns out it was just a reality TV show that was devoid of reality. Taxes are going up on everyone. Make sure you check your paycheck, because you’re included too, not just the dirty, rotten rich.

Now that Fiscal Cliff, the TV show has been cancelled, Wall Street is back to concentrating on the normal cliffs they usually worry about: the earnings cliff, the interest rate cliff, the money printing cliff (QE4EVER! <3 <3) and whatever other cliffs that worried traders can dream up for gullible journalists to write about.

I always...