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Wednesday, July 14, 2010

The Fed Gets Grimmer

Well, the minutes from the Federal Reserve's June meeting of the Federal Open Market Committee (FOMC) have been released, and the already grim predictions that they have made for GDP and employment have become even grimmer.

It's time to crank up the helicopters, and literally begin dropping money out of them.

I've run the numbers for this operation, and it would require fewer than 100 of the whirlybirds to accomplish the task.

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