Financial institutions struggle to sort out troubled balance sheets. Banks are trying to do what they can to get through the mess. Past easy type credit was a matter of pushing reserves into the banking system, but this shot gun method increases inflationary pressure. The feds will be using a rifle approach by conducting multiple auctions. This solution may push inflationary pressures even higher.
1 Comments on Bankers move to ease global credit crisis
It will be interesting to see if the European Union's "one size fits all" approach will help them as they enter the phase we've been in for the last year.
dennis dorman
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It will be interesting to see if the European Union's "one size fits all" approach will help them as they enter the phase we've been in for the last year.