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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (19741)	1/8/2010 1:22:15 AM
From: maceng2	Respond to of 50210

The Fed’s New Tool to Fight Inflation Written by Bob Adelmann Monday, 04 January 2010 10:00 "Last Monday, the Federal Reserve unveiled its new “term deposit facility” as another tool to fight inflation. thenewamerican.com I hope the author does not mind me printing this snippet. History may not have to repeat itself, especially as awareness of the Fed grows along with increasing resistance to its policies. According to U.S. Rep. Ron Paul, the author of a bill to audit the Fed and a book entitled End the Fed: “Whatever happens, the Fed and its defenders have seen that people are becoming very wary of its methods of operation, and many are downright angry at its very existence. Never again will the Fed be immune from the scrutiny of its critics. This is very positive.” the graph once again research.stlouisfed.org