wow. nice article. The FED gives the rokerage houses money in the form of IOUs. The broker gives insurance companies that money as loan, those companies give individuals loans. the brokerage houses also create loans in the form of magin accounts. What an elaborate system. what if one day china demands US to pay back on its bonds and it panicks? US would raise interest rates haina? Cuz it would want more money, ani more money by fed means less money to banks, less money to banks means less money anywhere else. Ani when people get no loans, economic activity stalls= depression. I can soo see it coming. It's gotten me thinking about my career. Ke garne hola....