A modest proposal : instead of the Federal Reserve trying to boost the economy

[hedgehog]

by loaning money at 0% to the banks, how about loaning it at 0% to the Department of Education to loan out to students at 0%?

[abelenkpe]

1. We should just nationalize the banks

but zero percent loans to students would be good too. :)

[oldbitty]

2. Absolutely

And to refinance homeowners to make up for the loss in property values over the last 3 years and counting.

And to fledgling renewable energy businesses and their customers looking to install renewable energy equipment on their homes.

Absolutely.

[hedgehog]

3. Gee - renewable energy start-ups - there's a way to pump some

money where it's needed.

How about 0% loans to cities and states for infrastructure repairs/expansions?

[Taitertots]

4. I don't think the Federal Reserve is allowed to do that

The people who are supposed to be doing that are destroying the economy.

[fivepennies]

5. Wait ...

they want to boost the economy? When did that happen. I missed it.