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IPFS News Link • Economy - Economics USA

U.S. Plans $800 Billion in Lending to Ease Crisis

11-26-2008 • NY Times

The Federal Reserve and the Treasury announced $800 billion in new lending programs, sending a message that they would print as much money as needed to revive the nation’s crippled banking system. [we call that HYPERINFLATION]

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Reported By Powell Gammill

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