Connolly
Agreed that government can buy stocks to keep them from falling, as HK did. But the 1930s was a gold standard deflationary collapse. The Fed
February 15, 2008
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Agreed that government can buy stocks to keep them from falling, as HK did. But the 1930s was a gold standard deflationary collapse. The Fed
It’s about price, not quantity. CB’s don’t alter net reserve positions – they ‘offset operating factors’ and set interest rates. Fed to redeem $14.02 bln
UPDATE 2-U.S. ABCP market smallest since fall 2005-Fed Thu Dec 13, 2007 12:58pm EST By Richard Leong and John Parry NEW YORK, Dec 13 (Reuters)