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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (38795)	6/1/2011 10:49:14 AM
From: I_C_Deadpeople	1 Recommendation Read Replies (1) \| Respond to of 71475

I could be missing something, but I was thinking about this the other day: People have stated that if the Fed keeps 'buying' the US debt it will go bankrupt. But the original debt remains 'thin air' dollars, so the bankers that own the Fed have never extended a loan of their own money so to speak. They make their money off the interest from all the debt. To them, if the Fed was dismantled so to speak the assets on their books (owed by US) would/could just vanish - they would only lose future interest off all the debt? Obviously the bankers could also lose if they are holding US currency that drops in value. But it seems to me that the Fed is merely a conduit for continual and increasing interest payment streams to the bankers. The bankers always win so doing QEx to me means more interest for them.