Archive for Economy
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Banks borrowing money like drunken sailors.
Last week Wall Street banks borrowed 38.4 BILLION dollars from the Federal Reserve…..every day!
That works out to 268.8 billion dollars in a single week. The week before it was 230.3 billion.
Where exactly is this money coming from? Evidently the Fed just fired up the printing presses and decided to decrease the value of our […]
Corn closes at record high
Well it looks like the economy is about to take another hit. Yesterday corn closed at a record high of $6.00 per bushel. Considering how important corn is and how widely it is used, our wallets are about to take another hit. Corn at an all time high with less of it being planted means […]