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IPFS News Link • Federal Reserve
The free money in the lobby consists of shredded currency in small plastic bags. The free money that distresses Tom Hoenig, in his 20th and final year
as president of one of the Federal Reserve’s 12 regional banks, is
being pumped into the economy by two policies of the Federal Reserve in
Washington — very low interest rates and a second “quantitative easing”
(printing money).
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