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by thephyber 2230 days ago
> is happening

What is different this time?

The Fed has participated in just about every financial bailout since it was founded in the 1910s. Even before the USA moved from gold-backed-bucks to fiat currency, there were rumors that there wasn't enough gold to back all of those promises.

> Nobody sees any issues

I'm sure lots of people are concerned, but that isn't the question. The question is what can be done and I think at this point everyone s paralyzed with indecision.

1 comments

The difference is the riskiness of the things they are willing to buy...