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Central Bankers Gone Wild

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http://investing.meetup.com/21 - New York Investing meetup organizer Daryl Montgomery discusses the Fed's panic rate cuts in January 2008 and how Ben Bernanke recommended in his doctoral thesis that the fed needs huge rates cuts to avoid a Depression. However, the impact on the U.S. dollar and the inflationary implications weren't considered. Recorded at our February 13, 2008 meeting. For more on this topic, please read our blog, "The Helicopter Economics Investing Guide", at: http://nyinvestingmeetup.blogspot.com.

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