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I think you owe me more than a 20 second cut and paste. But don't bother, because ultimately it highlights that if you knew anything about economics (which we both know you don't), then you'd realise that the of the couple of dozen or so different economic schools of thought they agree on...

I disagree with that. There's alot of information being spread by specialists on this topic. Sadly, in this age of digital media it is being drowned out by commentary from a plethora of self-proclaimed experts who seem hell-bent on spreading paranoia (if you need any indication of how...

We all win when central banks step in to protect the system. CBs lend money to banks. CBs in turn have the ability to borrow money themselves (government bonds). There is always a market for govt bonds (as you are aware, the interest rate they earn is often quote as the benchmark for...

GR is right. Banks, like many other financial institutions, lend long and borrow short. What that means is that the money they have lent you (and many other people like you) for mortgages, etc, is for the long term (15, 20, 25 yr mortgages). That money is money that have "borrowed" from...