The Fed and your money
Posted: September 17, 2009 at 6:42 a.m.
For the first time in its history, the Federal Reserve created $2 trillion of assets and debts during the past year so it could rescue banks from the unparalleled leverage that brought the world's biggest economy to a collapse unlike anything since the Great Depression.
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Opinion, Pages 4 on 09/17/2009
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