http://www.moneynews.com/FinanceNews/bank-deposits-Fed-trillion/2013/06/14/id/509929?s=al&promo_code=13D4A-1 Lets see, isn't a quarter of a percent on a trillion equal to 25 billion dollars interest? So the banks get to trade crappy assets in to the Fed at full face value and get fresh cash in return. Then the banks park the fresh cash at the Fed and get paid 25 billion for the privilege of selling crappy assets to the Fed. What a deal. Keep the banking sector in bonuses while the rest of the country pays for it in debased currency. While Bernanke gets kudos from the Keynesian's for "saving" us from deflation. Can't let those prices drop. Some little guy might actually be able to buy a bargain with his savings. Can't have that. John |