Friday, October 15, 2010

Friday


Cause its Friday, you ain't got no job, and you ain't got shit to do

- The Federal Reserve hinted again at using tools in its tool belt to stimulate the economy. This likely means quantitative easing (buying up bonds) to drive down long term interest rates and introduce a lil' liquidity to the economy. Many economists are calling for the Fed to declare its informal inflation target, now at 2%, is going to be 4%. That would be nice, I don't think it will happen though.

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