InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,738.17
(
0.00%
)
US TECH 100
19,437.20
(
-0.17%
)
Dow Jones
42,313.00
(
0.00%
)
Brent Oil
71.65
(
-0.08%
)
Bitcoin
64,005.77
(
-2.47%
)
Post# of 159753
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

multicellp450

Send PM Follow Ignore
Followers 0
Posts 807
Boards Moderated 0
Alias Born 06/30/2005

multicellp450

Re: mastaflash post# 117676

Tuesday, 04/07/2009 6:51:28 PM

Tuesday, April 07, 2009 6:51:28 PM

Post# of 159753
lol What?.....

"It works pretty much the same way banks operate...they 'print' more money than they have on actual deposit"...... mastaflash, nothing like that has ever remotely transpired at any bank in the u.s. EVER. The FDIC is over-exposed in deposit account insurance and the Federal Reserve prints any and all money. The individual banks neither print money nor underwrite their own account insurance.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up