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The Fed Warms Up The Printing Press

http://www.npr.org –

It sounds like the Federal Reserve is about to create a lot more money out of thin air.

The idea would be to help the economy by driving down interest rates for businesses and ordinary people, encouraging everyone to borrow and spend more money. To drive down interest rates, the Fed would probably buy medium- or long-term bonds.

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masshole's picture
Created by masshole 2 years 32 weeks ago
Category: Money   Tags:

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