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IPFS News Link • Federal Reserve
Washington Signals Dollar Deep Concerns
• http://www.thedailybell.com, By Paul Craig RobertsQuantitative Easing has been underway since December 2008. During these 54 months, the Federal Reserve has created several trillion new dollars with which the Fed has monetized the same amount of debt.
One result of this policy is that most real US interest rates are negative. Another result is that the supply of dollars has outstripped the world's demand for dollars.