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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (97198)9/16/2008 10:26:53 PM
From: stomper  Read Replies (3) | Respond to of 110194
 
Wayne Angell was on shitvision speaking with Kudblow and literally laughed at the idea the FED had any sore of "balance sheet". He said [para] "the Federal Reserve's balance sheet is limitless. There is no need to worry about the balance sheet."



To: TH who wrote (97198)9/17/2008 12:21:12 AM
From: GST  Respond to of 110194
 
The 'money' comes from the magic piggy bank. Real money comes from the vault. Magic money comes from default, otherwise known as inflation. We will solve all our problems by creating a much bigger one -- runaway inflation. The genie is not only out of the bottle -- it is on the bottle and looking to let loose for a wild night on the town. Lock up your daughters.


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