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A Funny Thing Happened At The G20 | 192 comments (192 topical, editorial, 0 hidden)
Re: A Funny Thing Happened At The G20 (none / 0)
But the Fed pays interest on excessive bank reserves. So even QE dollars may carry a right to income.
by generic on Sun Jun 6th, 2010 at 01:16:49 PM EST
[ Parent ]
Re: A Funny Thing Happened At The G20 (4.00 / 4)
I think it's fair to say that the dollars don't, but the clearing banks' relationships with the Fed do - at least for the time being.

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Sun Jun 6th, 2010 at 01:23:14 PM EST
[ Parent ]

A Funny Thing Happened At The G20 | 192 comments (192 topical, 0 editorial, 0 hidden)
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