Shock And Awe Back As Fed Prints Money
Posted on March 19, 2009 at 08:00 AM EDT
Shock and awe is back in vogue. Yesterday was a landmark day in this crisis with the Fed going all-in (see below) after flip flopping about on the merits of quantitative easing (QE). But now it’s all hands to the eletronic printing presses as they clearly don’t believe that Geithner’s TALF could ...
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