March 18, 2009

Big Economic Developments Today!

Did you hear what is going on in the economy today? The Federal Reserve buys treasury securities (300 billion), makes the dollar drop 3 percent, biggest one-day drop. Gold up, etc. It is inflationary policy. Peter Schiff talks about it here:

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2 comments:

Josh said...

"a day that will potentially shock the world"

3/18/2009 7:01 PM
SoCalT said...

Bernanke wasn't kidding about that helicopter drop, eh?

The helicopter has lifted off of the pad. Look out.

3/19/2009 6:43 AM

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