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View Diary: Why what Ben Bernanke said yesterday should make you angry (102 comments)

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  •  Actually the Fed can, but hasn't, charge banks for (0+ / 0-)

    their reserves- in effect having NEGATIVE interest rates. That way banks will be more or less forced to lend money. This is not popular enough that they're going to do it, but it is an untried arrow in the Fed's quiver.

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