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IPFS News Link • Federal Reserve

As Rates Race to Zero, Federal Reserve Printing Presses Gear Up

12-15-08 • PrisonPlanet.com & CNBC.com

“Rates will fall close to zero. Everywhere,” Hugh Hendry, chief investment officer and partner, Eclectica, told CNBC.com. “The central banks will be forced to take them to zero because of the widespread disruption in society, for job losses.”

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