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IPFS News Link • Economy - Economics USA

A Subprime Chernobyl? The Fed's Role in the Bear Stearns Meltdown

• Counterpunch
"From the Great Depression, to the stagflation of the seventies, to the burst of the dot.com bubble; every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consisten