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  • momofwonder momofwonder May 23, 2011 7:32 AM Flag

    9% interest rates, and we wouldn't have a debt

    every one would buy the treasuries. It happened before in history.

    All the insurance and pensions would be flush. Instead we send it to banks and wars.

    They can fix this when they want to, meanwhile, we just suffer.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • And the Fed would own all the houses in the US because everyone would be bankrupt and the country would be working through a debt default much the same as Greece.....dont worry much higher interests in the US are coming.....you will get your wish soon enough.

      • 1 Reply to bill_c_brown
      • I agree....if banks can borrow money at 0%....then why not make them pay 5% interest on savings...that way they would not have to sell stock to raise capital..would not have to increase dividends to make their stock go up...they could make good loans and make the spread...and would have plenty of cash to invest in the USA and world economies...it would direct moeny straight ot main street as saver would be making the money...not the spenders...but I can dream....they want socialism..not a middle class..

 
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