After a half a century of stimulus – with credit, inflation and the money supply growing faster and faster – the Fed put the pedal to the metal following the nano-recession of 2001. It dropped interest rates to just 1% – well below the rate of consumer price inflation…
July 24th, 2009 | Bill Bonner | 0 comments | Continued
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All Ordinaries 4336.600 +14.000
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2012-02-13 21:42 Most Comments
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