Wednesday, September 03, 2008

Money to Burn - The FED's 1.5 Trillion Bail Out

It’s no secret the Federal Reserve plays a big role in American inflation. It sets the country’s benchmark lending rates, it prints money… Heck, even a hint of inflation expectations from Ben Bernanke can put the dollar in the doghouse. But starting late last year, Bernanke and his brood created a whole new way to devalue the greenback…

read more | digg story

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