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January 23, 2014

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koogleschreiber

I wonder what the FED (or the government) could do if they had to face a new surprise economic disaster like a crash on Wall Street, for whatever reason. Offer negative interest rates? Still, the dogma is printing money and buying bonds won't cause deflation - and calling this the mother of all bubbles almost equals lese-majeste.
Buy some silver in time and a gun and be prepared for a new Emergency Banking Act like that on April 5th 1933...

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