Tuesday, January 13, 2009

The Money Pit

Bernanke says more steps needed to stabilize banks

In his first policy speech since early December, Bernanke said that while an expected U.S. fiscal stimulus package could provide a "significant boost" to the economy, the government may need to inject more capital into banks.

More liquidity!

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3 comments:

  1. AnonymousJanuary 13, 2009 at 10:37 AM

    Stag,

    http://www.thebailoutgame.us/

    More evidence of deflation - free video games.

    ReplyDelete
  2. Stagflationary MarkJanuary 13, 2009 at 11:54 AM

    mab,

    That's quite a game!

    I didn't do so good. I hoarded the bailout money, lol. ;)

    ReplyDelete
  3. AnonymousJanuary 13, 2009 at 12:35 PM

    Stag,

    I hoarded the bailout money

    I spent most of it on wine, women and song. The rest of it I wasted though.

    ReplyDelete