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Posts Tagged ‘stagflation’

So we’re in a recession, at least, where one of the biggest problems is that people with money won’t lend it. Then the President stiff-arms secured creditors to pay off his union buddies, overturning basic law to do so. Who will lend money now, without seeking potentially high rewards with higher interest rates? Scott Grannis [...]

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May 11th, 2009 | Filed under Economy, Politics