Article

2014-12-18 Caucasus/Russia/Central Asia

Russia Finance Ministry Selling Reserves to Support Ruble

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Posted by trailing wife 2014-12-18 00:00|| || Front Page|| [1 views ] Top

#1 Why can't they simply print more, force it on the banks through a mysterious, non-governmental third party, and then borrow it back from the banks at a ridiculously low rate of interest ?

This way you control the banks, borrow money at very low rates, and discourage pesky, private citizen competition from thrifty investors who wish to earn money in FDIC insured bank deposits. Forcing investors to play 'big-lotto' in the stock market [where politicians get inside trading info.... legally] provides much more opportunity to relieve them of their hard earned IRA/401k money. Of course they could opt to keep it under the bed, it will only lose about five to seven percent per year there. What an amazing circus, no ?

Posted by Besoeker 2014-12-18 04:06|| 2014-12-18 04:06|| Front Page Top

#2 Why can't they simply print more, force it on the banks through a mysterious, non-governmental third party, and then borrow it back from the banks at a ridiculously low rate of interest?

Because they are a central-planning society, ruled by a dictator surrounded by a bunch of semi-illiterate (in particular, economically) sycophants?

Posted by g(r)omgoru 2014-12-18 05:38|| 2014-12-18 05:38|| Front Page Top

#3 Middle East crisis coming in 10, 9, 8...
(If the Russians can provoke something that drives the price of oil up, then ?)

Posted by ed in texas 2014-12-18 07:32|| 2014-12-18 07:32|| Front Page Top

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