tag:blogger.com,1999:blog-346682963363379788.post7581051174021791381..comments2023-12-28T05:17:29.114+00:00Comments on chartramblings: Chartramblerhttp://www.blogger.com/profile/15677866929286934404noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-346682963363379788.post-90945589441614652562015-02-07T00:38:56.588+00:002015-02-07T00:38:56.588+00:00Great posting.
Always amusing how so many... even...Great posting.<br /><br />Always amusing how so many... even those supposedly 'smart' have little idea about money creation.<br /><br />If the average person knew that 90% of the money issued in a mortgage/loan is created out of nothing....they'd be real real mad.<br /><br />After all.... the bank is effectively only risking 10%... for an asset/house that (even if sold on discount) could raise 70/80% at auction.<br /><br />Banks...can't lose.... except on paper of course... but then... they can print all the paper they want. ;)Trading Sunsethttps://www.blogger.com/profile/13291647197167518399noreply@blogger.com