By the way, contra Avi Lank's story in the JS of today's date (8/18), the Fed popped $38BN into the markets (that we know of), not $17BN.
HT: The Big Picture, who comments "It's so simple! How can this not work?"
Wisconsin native. "The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC "Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
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