The Fed Is At It Again

[Richard Warren]

The Fed is trying to add liquidity to an extremely fragile credit market.

See article:

http://finance.yahoo.com/banking-budgeting/article/104605/Fed-Pumps-More-Money-Into-Financial-Markets

Most people think that the Federal Reserve's primary role is to set interest rates. It's not. The primary role is to regulate the money supply by providing liquidity when needed or removing it when necessary.

At the moment they are trying to prevent a total meltdown.

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