Tuesday, July 21, 2009

500 Trillion Here, 700 Trillion There

Bernake has a hard job, and many of his task are over my head. I understand he is just a man stuck between a rock and a hard place. That being said, things like this, a private bank playing with 100's of billions of U.S. dollars, makes me squirm a bit.

http://www.youtube.com/watch?v=2_VCy0lMU1g

Somehow I have a feeling that I'm somehow subsidizing New Zealanders when I'm broke...

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