0
Is the Fed loaning out zero interest money to the banks and then having the banks loan it out at a much higher rate as shell game to bail them out without getting more govt. money and raising taxes?
Zoop
Ah, the million dollar question. Well, one of them. It certainly seems that the Fed is not above shady (if not downright illegal) business dealings and able to get away with them every time. As to what the Fed is ACTUALLY doing, I don't think anyone will be able to tell you. Its an organization with zero transparency and it seems like all we can do as citizens and tax payers, is guess.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the temporary transfer of money from one person to another?
One person is loaning money to another person, expecting to be paid back (with or without interest) sometime by an agreed future date.
Can my bank raise my credit card interest rate without telling me?
Not without telling you. However - they can vary the interest rate at their discretion, at any time.
What is a nature of credit?
Credit, in its most basic sense, is the loaning of currency or money and then being repaid the amount borrowed (with or without interest). When interest is charged, it generally reflects in whole or part the opportunity cost. In other words, if person A can invest amount X and get a return on investment of X+Y ("principle" plus "interest"), then the amount of interest (the "rate") that might be charged by person A loaning person B the principle should be at least the opportunity cost. In the real world, if you borrow some money from someone or some company, and you have to pay it back, you are being extended credit. Since currency and money have a time value (you generally pay less interest rate for longer loan periods), if a company extends you "terms", this means you have some number of days to pay the bill. This is a form of credit. Typical terms are Net 30 (pay within 30 days), 2-10, Net 30 (pay within 10 days and you can take 2% off, otherwise pay within 30 days), and so on. Alan R. Weiss NetPlanetNews Economics Editor
Is it legal to loan money without interest?
Sure.
Why do banks loan people money?
The banks loan people money because it is how banks earn money. The bank will loan out the money to people, and the people will have to pay back with interests so the bank will be making money by just loaning people money. That is why the banks owners get so rich. They will loan out money to a lot of people and they will put a high interest. When they get the money back, they will earn money without even doing any work.
What is the temporary transfer of money from one person to another?
One person is loaning money to another person, expecting to be paid back (with or without interest) sometime by an agreed future date.
Can you ever heat a substance without raising its temperature?
no
Your adult gecko seems to have lost interest in eating why is this?
He could be sick or getting ready to molt. Sometimes they go for days without eating.
What does unleavend mean?
bred without a yeast or a raising agent
Can you pull credit for someone curretly in a chapter 13?
yes you can pull credit but federal law prohibits borrowing or loaning money without the trustees approval.
How can you make a liquid boil without raising its temperature?
By reducing the pressure
Is there a raising agent for pastry?
Shortcrust pastry is classically made without raising agents - just plain flour, butter, salt and water.
What is rethorical?
A technique of raising a question without actually mentioning the very issue.
Why vote for John McCain?
because he would be a good president without raising taxes!!!
How do you dissolve a saturated solution without adding water?
By raising the temperature i.e. by heating it.
Why did the government introduce the national lottery?
To increase the government's revenue without raising taxes.
What is the name of the city whose name can be written without raising pen from the paper?
Omaha
