It's worth noting that paper money only consitutes about 7% of all "money" that is on the books. So in times where there will be a lot of commerce, it stands to reason the Fed would boost the actual supply of dollars.
"Seems to me common sense you would inject some money into the system before Christmas. Duh. Banks always need lots of cash on hand. "
Banks need $ for Christmas shopping every year? I am interested in your logic. Please explain?
$196 Billion in six weeks!
Ignorance runs rampant in this world!
Bernanke is the guy who said, ... "that we can fight deflation with the printing press. We can drop $100.00 bills out of helicopters."
I was reading an article in the WSJ about the bond market and the effect that the drop in the 10 year rate to below the two year rate, had on the stock market. I don't know much about economics, but it sounded so contrived that I am sure some Democrat had a hand in spreading the rumor.