Today we seen the headlines on how the FED. Has committed "unlimited" dollars to banks.
TIME OUT!
UNLIMITED?
SERIOUSLY!
Does anyone else smell something funny? No matter how you cut it, seems the FED has unlimited dollars. When you look over the past several months alone the FED has "pumped" trillions into the financial system. Does the FED have a few "gazillion" in the bank?
This is like the wizard of oz all over again. "Ignore the man behind the curtain". Does the Wizard really exist? Or better yet, do the "dollars" really exist?
Mood- Skeptical
Randy Schrum
Monday, October 13, 2008
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