
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Monday, October 6, 2008
Fed opens the monetary spigot!!!
For the first time throughout this entire crisis we see the Fed throwing caution to the wind and applying the awesome monetary power that it has. Look at this unbelievable explosion in bank reserves that recently occurred. This is the beginning of the end of this crisis.

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