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Olduvai III: Catacylsm
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Is The Fed Back To “Quantitative Easing?” 

Is The Fed Back To “Quantitative Easing?”    The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged 10x (banks need to hold […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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