Something good bound to come out of it...

This from Les Jones at "A Bouquet of Weeds"...

The only reason we don’t have inflation now is that the banks aren’t releasing the money. In small part, that’s because fewer qualified people want to borrow, now that everyone realizes we’re in a serious recession. In larger part, though, it’s because the banks are afraid to loan out the money for fear it won’t be paid back. Too, many banks are essentially insolvent right now, if what Jim Rogers says is true. They’re hoarding the cash for a bailout of themselves rather than others.

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