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Tuesday, June 01, 2010

The Fed vs The Fed

The Fed faces a dilemma of its own making.  It will torpedo its own earnings, as well as the economic recovery, if it tries to stem inflation when bank loan demand increases.  Will it instead, with the connivance of the Treasury, monetize the Federal debt and let inflation soar?

 

Posted by Thomas E. Brewton on 06/01 at 11:23 PM
Economics • (3) Comments
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