Tag: economy
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Fed is printing money
Fed in Bond-Buying Binge to Spur Growth The printing press is on. Fed is printing money to buy $300bn treasuries from banks to increase the money supply in private credit markets. With the Fed funds rate down to 0.25% there are hardly any choices left for the Fed to give a jolt to the economy.…
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The best plan out of recession: Immigration
The best way to come out of recession, Thomas L Friedman author of World is Flat and celebrated NY columnist says, is leave it to a brainy Indian to come up with the cheapest and surest way to stimulate US economy: immigration. He points out that in this recessionary time US is trying to forget…