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IPFS News Link • Federal Reserve

Bob Rodriguez & Art Cashen: Fed must sell $2.5 to 3 Trillion Extra Debt in 2009

2-12-09 • CNBC.com

In this short video clip Bob Rodriguez and Art Cashen discuss the fact that the Fed has a lot of new debt (treasuries) to sell and they won't admit it. But the critical fact is the Fed will have to pay much higher interest rates to reward relucta

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Reported By Jack Gregson

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