Prepare to go crazy : FOREIGN BANKS WERE MAIN BENEFICIARIES OF FED’S PRINTING SPREE
Think about that while considering this:
Wal-Mart CEO Bill Simon expects inflation
The nation’s largest retailer needs to get back to its roots as the lowest priced one-stop shop for consumers, Walmart CEO Bill SImon said.
The world’s largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.
Still, inflation is “going to be serious,” Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY’s editorial board. “We’re seeing cost increases starting to come through at a pretty rapid rate.”
Last time I looked at the price of Green Peppers from the USA at the local WalMart Supercenter …..$2.99 PER POUND … AYFKM?
So….
Foreign Banks Tapped Fed’s Lifeline Most as Bernanke Kept Borrowers Secret
U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.
The Central Bank of Libya. THAT’S HOW IT IS.
Would we be better off with NO GOVT HERE?
Are they GOING OUT OF THEIR WAY TO BE STUPID OR IS THIS SOMETHING CORRUPT?
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- Memo From "banker Guy"
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