Friday, March 12, 2010
Fed Accelerates Two Year Cash Drain
Anon wrote: "People are panicking out of the dollar"
0.14% for a 3-Month auction? The line to hold US cash can't get much longer. The money supply continues to drain faster than ever before:
For the past two years the Fed has been sucking dollars out of the system like there is no tomorrow, and there might not be.
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