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The race to zero
Monday, December 08, 2008
From the Globe & Mail comes one of the better graphics after last week's sequence of interest rate cuts made 'round the world. Also see Are central banks slashing their way to nothing?
ooo
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3 comments:
Thats interesting how Canada always follows the U.S. except when they raised rates beck in 2003 when the Fed was screaming DEFLATION!
doh! "back" in 2003
Global ZIRPs are very good news for gold investors.
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