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Yo..CJJ..let's get a few facts straight..bosin.j may be precisely wrong but he's roughly right..whatever stimulus is provided to financial institutions in the "Please God save us" economy can be multiplied many times over in loans. The Fed has decided to go off line and will monetize whatever. Do YOU understand what that means? Do YOU think that is only what the newspapers print?
Dec 18 20:26 pm
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All Comments by Greg Pinelli »The Declining Dollar: Can It Be Saved? [View article]
The US$ is going to have very rough seas and the Treasury and Fed don't care....this economy is NOT going down because of a few trillion here or there.