Quote Originally Posted by GoldenBoy812
Yet how does the money supply increase? Money is created (mostly) in banks. The banks that you and i work with every day... Bank of America, Chase, Washington Mut, Credit Unions, etc..., all have a FDIC license to create money.
Woops! Take WaMu off the list! It just failed last night... Biggest bank failure in history...
dragonrider Reviewed by dragonrider on . bailouts know what pisses me off more is that both the dems, reps, and president are giving our money away to bad business ethic money waisting criminals. everyone thats scared of socialist b.s.. some of americas biggest firms are now socialized with the government taking the bill one of the worst thing about this is the ceo's and big wigs of the companies are goin to get their multi million dollar bonuses still. so they run companies into the ground with bad practices and still get their Rating: 5