Raise Discount window rates to 5%

Discussion in 'Economics' started by KINGOFSHORTS, Feb 19, 2010.

  1. Time to remove cheap money for carry and proprietary trading. I think Banks and firms with the Bank license need to start loaning out money to business instead of trading it.
  2. S2007S


    Yep, its been way to easy for them to borrow at ZERO percent interest and buy Treasury Bills and pocket the 4% interest, its literally FREE money. Tens of BILLIONS worth of free money.......Has to end sooner or later, if it doesn't this will just be another cause of a different problem going forward.
  3. Taibbi's new article in the Rolling Stone describes just that.

    It' a Dirty little secret the U.S Government doesn't want to be reported given that people are earning .50% in their money market while banks are earning 4% courtesy bailout money.
  4. .5% your ass... How about .01%. Some are negative.... CHARGING A FEE to hold in cash!