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Reply #6: How about the Fed infusing $44 trillion in new money and dropping interest rates to zero [View All]

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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-23-07 02:24 PM
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6. How about the Fed infusing $44 trillion in new money and dropping interest rates to zero
...uhmmm, even that won't help a monetary system which is totally bankrupt! No amount of money will save what has been created by the speculators and hedge fund gamblers, but the economy can be saved by freezing foreclosures, keeping the millions of Americans at risk now in their homes, congress taking back control of the money system, dropping this free trade globalization nonsense and implementing an FDR style New Deal program to put millions of Americans back into real jobs along with a Breton Woods style fixed exchange rate money system and meaningful fair trade agreements with countries like Russia, India and China.
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