2009 Budget defict: +$2 Trillion

Discussion in 'Economics' started by bond tr4der, Nov 25, 2008.

  1. But all the banks are bankrupt.

    How can banks reward savers when they are bankrupt?
     
    #11     Jan 24, 2009
  2. ehorn

    ehorn

    I.O.U.S.A

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    #12     Jan 24, 2009
  3. True, but its nothing that a zero interest rate will make better. Those banks that cannot reward savers don't deserve to exist.
     
    #13     Jan 24, 2009
  4. talknet

    talknet

    I think, the printing cost of $100 bill is 10 cents. If the banks are suffering losses then central banks can always "print money" to pay interest to depositors. Central Banks have the monopoly of printing money.

    Central banks are just increasing the "money supply" when there is no actual "sales demand".

    http://elitetrader.com/vb/showthread.php?s=&threadid=150849
     
    #14     Jan 24, 2009