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Fanny May

Will Someone Please Count The Money?

Posted by Doug Wolkon on August 11, 2008 at 3:15 am

So how much paper money is out there anyway. Does it matter that every time The Wizard of Oz (The Fed/government) decides to bailout a financial institution like Bear Stearns, Lehman, Fannie or Freddie, they have to print more and more money. What is behind this printing of money and how do they do it? Continued »

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