Sunday, 15 December 2013

Fed's dreaded 'taper' may not hurt after all

The Fed can take a pile of debt, swap it for cash, and then hang onto that debt until it reverses the process later, which takes cash back out of the economy.

http://www.moneycontrol.com/news/international-markets/fed39s-dreaded-39taper39-may-not-hurt-after-all_1008663.html

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