Economics 101
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FED's Capacity to Boost Money Is Factor of Ten
When the Federal Reserve Bank buys a $10,000 US Treasury note, or any acceptable asset of that amount from a member bank, it can set off a ten-fold jump in money supply.
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US Economy Speeds to Longest Collapse Since 1945
The US economy has been in recession for 16 months, a slide likely in three months to become the longest recession since the Great Depression of the 1930s.
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Super Business Cycle Threatens Obama's Team
President Obama deals big bucks off the federal deck to help rescue a world running out of cash, while the scary brainchild of a Russian economist grows more ominous.
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