Feb. 26 (Bloomberg) — Jack Ablin, chief investment officer at Harris Private Bank, talks with Bloomberg’s Mark Crumpton about investment opportunities, the US economy and stocks. Ablin also discusses new home sales and mortgage rates. (Source: Bloomberg)

Originally posted 2010-03-05 07:02:18. Republished by Blog Post Promoter

On clarification: I shouldn't have said ALL the interest goes to a bank. Part generally goes to either the Fed or depositor of an interest bearing account. The bank only skims the difference in the interest rates. My views on the debate about inflation vs. deflation and the subprime mortgage crisis. keywords: bear stearns banking parasitic foreclosure home house fed federal reserve central bank goldman sachs repo collapse dollar yen us japan recession m3 gdp gnp crisis inflation

Originally posted 2010-02-12 13:12:09. Republished by Blog Post Promoter