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User Info Oh No..... (Hindenburg); entered at 2012-07-25 23:57:06
Genesis
Posts: 130807
Registered: 2007-06-26
Money Markets are going to be blown to bits if Bernanke goes to zero on reserves. That's one of the few levers he has left -- doing so will turn money market accounts into things with a negative interest rate (yeah, I know they're basically zero now, but at least it's zero!)
2012-07-25 23:57:06