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2016-04-11 00:21:16 Where do you study? :.●●●●●●●●●●●●n.●●●●●●orate ●●●●●●al xr ●●●●●●r kit ●●●●●●ions His ●●●●●●st ●●●●●●th came from the ●●●●●●ity ●●●●●●d by his ●●●●●●t and ●●●●●●●●●●●●g of the ●●●●●●ude of the ●●●●●● at a time when W●●●●●●ton was in ●●●●●●l and the Obama ●●●●●●ency did not enjoy ●●●●●●●●●●●●l ●●●●●●ence. Not so with B●●●●●●e. He got ●●●●●● a ●●●●●● of ●●●●●●ative but ●●●●●●ed ●●●●●●ncy ●●●●●●g ●●●●●●ures for the banks. He used the Fed's ●●●●●●e sheet both ●●●●●●ly and ●●●●●●●●●●●● to buy not only short-term T●●●●●●y bills but also long-term bonds and ●●●●●●ges as a way of ●●●●●●●●●●●● ●●●●●● and ●●●●●●g ●●●●●● ●●●●●●st rates down to ●●●●●●lly zero for an ●●●●●●●●●●●●d ●●●●●●. This ●●●●●●d both short- and long-term ●●●●●●st rates. He also didn't ●●●●●●te to ●●●●●●t that the Fed would do even more if these ●●●●●●es didn't work. |