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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: bart13 who wrote (100895)1/31/2009 4:51:31 PM
From: Real Man  Read Replies (1) of 110194
 
Well, the Fed screwed up and tightened drastically by mistake,
which is why I think we saw October crash and some deflation.
The adjusted monetary base reflects mostly increased bank
reserves at the Fed (not the printing), cause they started
paying interest on them. This is tightening credit. Bummer!
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