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Home › Forums › Other › OT: Countdown: Three Weeks to Chaos › kewp wrote:So basically the

October 2, 2008 at 1:57 PM #279861
Arraya
Participant

[quote=kewp]So basically the credit chain looks like this.

Fed -> banks -> citizens

The banks are currently locking up.

So, unplug them and open credit from the Fed right to the consumer. Makes sense to me.[/quote]

That is actually and excellent idea. Nationalize the Fed! It’s actually been pushed around by a few analysts over the past few months.

I don’t expect congress would even entertain the idea. Makes you wonder who is in charge.