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"In 6 lousy weeks, all of the total credit in the banking system created by the Fed since 1913 was almost instantly doubled!"

This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 20 days ago (dailyreckoning.com). Views: 185
Tags: federal reserve credit crisis housing bubble

Related Tags: economics stock market banks gold wall street inflation peter schiff

by The Mogambo Guru at The Daily Reckoning. The astonishing news to me was that the Fed has pledged to plow $540 billion into the money market, which is composed of very short-term debt, which is, as I already said, pretty astonishing since the total [More...]

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1 year 19 days ago:
ashyanbhog propped the link "In 6 lousy weeks, all of the total credit in the banking system created by the Fed since 1913 was almost instantly doubled!". [view link]

1 year 20 days ago:
JackThompson propped the link "In 6 lousy weeks, all of the total credit in the banking system created by the Fed since 1913 was almost instantly doubled!". [view link]

1 year 20 days ago:
ian propped the link "In 6 lousy weeks, all of the total credit in the banking system created by the Fed since 1913 was almost instantly doubled!". [view link]