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To: rb22982

A 30-Day bill? I thought the T-Bills were 60 day and 90 day and everything else was notes and bonds?


350 posted on 11/02/2007 11:52:52 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt

The Fed lends banks money for assets and then the banks 7-30 days later return the money and the fed returns the assets. There is no additional $160 billion pumped into the system permanently.


361 posted on 11/02/2007 12:01:44 PM PDT by rb22982
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