Fed to Buy Massive Amounts of Short-Term Debt
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Author Topic: Fed to Buy Massive Amounts of Short-Term Debt  (Read 636 times)
ChrisFromNJ
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« on: October 07, 2008, 08:38:00 AM »
« edited: October 07, 2008, 09:14:29 AM by Go Yankees! »
http://biz.yahoo.com/ap/081007/financial_meltdown.html

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opebo
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« Reply #1 on: October 07, 2008, 02:58:09 PM »
Excellent move, and absolutely necessary.
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ChrisFromNJ
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« Reply #2 on: October 07, 2008, 10:34:59 PM »
Quote from: opebo on October 07, 2008, 02:58:09 PM
Excellent move, and absolutely necessary.

Yes, it is. I am very much in favor of this latest move by the Fed.
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NDN
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« Reply #3 on: October 08, 2008, 12:04:31 AM »
Actually for once I'm supportive. This bail out stuff just seemed like extortion, not to mention potentially inflationary.
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opebo
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« Reply #4 on: October 08, 2008, 04:34:30 AM »
Quote from: Rorschach on October 08, 2008, 12:04:31 AM
Actually for once I'm supportive. This bail out stuff just seemed like extortion, not to mention potentially inflationary.

You're worried about inflation?!  Do you not understand what is going on here?  Think back to the 1930's - was inflation a problem?
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