Comments on: Bernanke Says Fed Will Do ‘All It Can’ To Ensure U.S. Recovery http://www.theyeshivaworld.com/news/headlines-breaking-stories/68963/bernanke-says-fed-will-do-all-it-can-to-ensure-u-s-recovery.html Fri, 24 Jul 2015 17:26:55 +0000 hourly 1 http://wordpress.org/?v=3.7.9 By: akuperma http://www.theyeshivaworld.com/news/headlines-breaking-stories/68963/bernanke-says-fed-will-do-all-it-can-to-ensure-u-s-recovery.html#comment-196243 Sun, 29 Aug 2010 14:36:23 +0000 http://www.theyeshivaworld.com/?p=68963#comment-196243 What he is doing is basically running a gemach (free loan fund – almost interest free ) for banks, and funding it with “printed” money (okay, not actually printed, though the money was “created” out of thin air with nothing backing it). Why should banks pay savers good interest for deposits (when real people loan banks money), when the Fed loans them money for free?

Reducing taxes would help more, but that’s the responsibility of the President and Congress.

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