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WARREN MOSLER | Modern Monetary Theory

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Review of today’s government actions

[Skip to the end] Two ‘bailouts’ today, the Fed asset purchase program and Citibank: Comments on the asset purchase program: Major theme- the answer to

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November 26, 2008

UBS to sell stakes after $10 billion in subprime losses

Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect

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December 10, 2007
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