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IPFS News Link • Federal Reserve

Anna Schwartz blames Fed for sub-prime crisis

1-15-2008 • Daily Telegraph

The high priestess of US monetarism - a revered figure at the Fed - says the central bank is itself the chief cause of the credit bubble, and now seems stunned as the consequences of its own actions engulf the financial system. "The new group at

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Reported By Powell Gammill

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Anna Schwartz blames Fed for sub-prime crisis

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