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Archive of entries posted on 1st May 2014

Heavy-duty gobbledegook from the Fed

Want some heavy-duty gobbledegook? Below is yesterday’s press latest release from the Fed Reserve governors. You and I pay them to write this stuff. Which is depressing, if you think about it. Hint: don’t. The first thing you should know is the Fed can ONLY do three things: 1. It can raise or lower short-term […]