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IPFS News Link • Federal Reserve

What We Value Is What We Save In a Crisis

11-28-08 • LondonBanker.blogspot.com

When a central bank thinks its house is on fire, it too will rush to save the thing valued most. In the United States, the central bank has rushed to save the bonuses and dividends of its Wall Street clientele by hiding away the bad assets...

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What We Value Is What We Save In a Crisis

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