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Posted on 4/10/20 at 8:14 pm to Golfer
Screw the banks for once! In
Posted on 4/10/20 at 8:15 pm to Golfer
I’m talking about current loans...lenders have already lent the money so it’s just about not wasting money just to tread water and run up trillions in federal debt for no reason.
Just press pause
Just press pause
Posted on 4/10/20 at 10:38 pm to Golfer
quote:
Uhhhhhh. When the lenders run out of cash, what happens?
Screw the banks. Let's move forward with our plan that will collapse the economy worse. No more bills!
Posted on 4/11/20 at 12:00 pm to Golfer
Banks and the Treasury work together with Fanny and Freddy. 6 months deferred notes added on to the back of the note. Fed ensures bank liquidity for those six months. Gets some of that money on the backside as the note is paid off
It’s cheaper than having to recapitalize the financial system on the back end
It’s cheaper than having to recapitalize the financial system on the back end
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