Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (78605)	5/2/2008 10:10:36 AM
From: Sunny Jim	Read Replies (1) of 116555

Something doesn't smell right. I thought I read that the last auction for $25 billion had bids for $24 billion and went for .1% interest rate. If the banks need funds so badly why are they not clamoring for money at .1%? Any explanations?

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