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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (23151)12/9/2004 2:43:20 PM
From: Crimson Ghost  Read Replies (3) of 110194
 
Trotsky's argument that the Fed cannot ignite inflation if there are too few willing borrowers is wrong.

All the Fed has to do is to start to monetize some of the huge pool of existing debt as Bernake has threatened.
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