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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Crimson Ghost who wrote (1995)3/14/2004 7:17:15 PM
From: NOW  Read Replies (1) of 116555
 
" He argues (correctly I think) that no matter how large the debt burden, the Fed will monetize enough of it to prevent any deflationary collapse"
Can you elaborate on how they might do this? has he never heard of pushing on a string? or does he beleive in helicopters?
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