Thursday 10 April 2008

US Fed prepares to replenish war chest

In one sentence, the reason why the 'elite bankers' have created the "credit crises"

One option is for the Fed to take the unprecedented step of issuing debt, which it would then lend on into the credit markets. Another plan is to ask the US Treasury to issue more debt which the Fed could put to work.

Source: Independent.co.uk

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