Saturday, October 31, 2009

IT'S NOT REDISTRIBUTION

As I recommended below but it is an acknowledgment of current financial reality.
Central Banks Hitting Assets Question Greenspan View (Update1)
By Simon Kennedy

Oct. 26 (Bloomberg) -- Central bankers from Washington to Oslo are taking greater account of accelerating asset prices to avoid the policy mistakes that inflated two speculative bubbles [dot com, housing] in a decade and led to the worst financial crisis since the Great Depression.

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