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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Thursday, November 4, 2010

New Stimulus for US Economy

Against rapid fiscal austerity measures in all over Europe, the US continues providing more stimulus packages to boost its fragile recovery. Here is the latest news on that:
Federal reserve to pump $600 into US economy

Why Mr. Bernanke felt it right? Here is his own explanation:
'What the Fed did and why: supporting the recovery and sustaining price stability'
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