Monday, May 21, 2012
The one million dollar answer
Could somebody explain me one thing? Where has all the money gone? Five years ago ALL banks were so full of money they would give a mortgage to any beggar passing by. And then suddenly the Federal Reserve, The ECB have to print (digitally) trillions after trillions and it is never enough. If the banks are bankruptcy, people have no money anymore; the state has no money, who got it? And what does he plan to do with it?