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www.bitsaboutmoney.com
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| | The market did not collapse in early trading Monday, though bank stocks felt serious pain. Auto stocks initially were hit, too.
| | www.conradbastable.com
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| | www.struggle-la-lucha.org
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| | The United States hopes to stave off a general collapse of the currency system, which would 'lead to an economic crisis worse than the bank runs of 1931?33.' As
| | www.moneyandbanking.com
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| "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v...