The Federal Reserve system obviously doesn’t work anymore – they keep lowering the federal discount rate, and all that happens is that the banks are making a fortune, and the old folks’ CDs are getting chewed up.
– Molly Ivins
The Federal Reserve system obviously doesn’t work anymore – they keep lowering the federal discount rate, and all that happens is that the banks are making a fortune, and the old folks’ CDs are getting chewed up.
– Molly Ivins