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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: orkrious who wrote (6533)11/18/2001 10:23:07 PM
From: retiredcfo  Read Replies (1) of 99280
 
Partially true: key difference is that while real rates went negative during the Great Depression, the Fed initially tightened from a liquidity standpoint (which precipitated widespread bank failures). As has been widely pointed out on this thread, this time the Fed has supplied liquidity.

Back to lurking
gm
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