Exploring Hydrocarbon Depletion
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Those who have an appreciation of U.S. history know that the Federal Reserve played an important role in support of the funding of the First World War.
Cashmere wrote:Essentially, the Fed is going to take any old crap as collateral in exchange for Treasuries.
It's like you walk up with a load of crap, dump it, and get a handful of gold in return.
Just another skeleton in the closet.jdmartin wrote:Where's WaMu, anyway?
smallpoxgirl wrote:So basically the federal government is making long plays in financial stocks on behalf of us citizens. Fantastic. Smooth move Ben. Just what I wanted for Christmas. 1000 shares of worthless financial stock and a gigantic tax bill.
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