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"Suffering is the great educator… To drink the cup to the dregs or refuse it, that is the choice which separates the noble soul from the base." - Oswald Spengler

Fed reduces rate to 1%

FEDERAL RESERVE KEY RATE NOW 1%: As the BBC says, this means the Fed is now “running out of rates” to boost the economy; of course, they could always go to negative interest rates and toss pre-approved loan applications out of airplanes. Maybe they should take my suggestion: make Monopoly money legal tender — […]