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Friday, February 06, 2009

Why the Fed and Banks Should Raise Interest Rates

Counter-intuitively, raising interest rates in a credit crunch, while painful to over-extended businesses and consumers, will shorten a recession and put the economy on a sound footing quickly.

Posted by Thomas E. Brewton on 02/06 at 01:27 PM
Economics • (4) Comments • (0) Trackbacks
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