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It will actually divert money to the Treasury from commercial lending. Naked Capitalism has more, concluding:
When Paulson dumps out his 700 billion in treasuries it’s going to be at the short end. That will drive up rates for short-term treasuries. This will obviously draw even % ... Continue reading »
When Paulson dumps out his 700 billion in treasuries it’s going to be at the short end. That will drive up rates for short-term treasuries. This will obviously draw even % ... Continue reading »
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