Mar
31
Fed Adds $100B On Top Of $200B To Market
Filed Under US Government, News
Update 20080419: Corrected spelling mistake.
I don’t understand the concept of continually adding money to a system that’s already under the threat of inflation, but apparently the Federal Reserve has added an additional $100 billion to the markets, after already adding $200 billion. That’s $300 billion (not including the $30 billion “investment” in Bear Stearns!) added to the markets. How can the currency maintain any semblance of value when the government just prints money?
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