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IPFS News Link • Federal Reserve

Fed Fears Deflationary Debt Collapse

1-30-08 • Michael Shedlock / Mish

Cutting interest rates from 4.25 to 3.0 in less than two weeks tells the real story. This is what Fed actions say: "We are scared to death about a deflationary debt collapse".

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Fed Fears Deflationary Debt Collapse

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