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Why Can’t We All Borrow from the Fed?

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss China’s major currency move and Sheila Bair’s tongue-in-cheek proposal to let everyone borrow $10 million from the Fed.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

China relaxes currency peg
Fix income inequality with $10 million loans for everyone!
The Rule of Capital

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COMMENTS

  • johnt

    n/t

  • jaykali

    Francis Cianfrocca amuses me that he doesn’t get that pronunciation.

    • http://twitter.com/bdomenech Ben Domenech

      Messes up Hyundai and Kia.

  • General_Confusion

    The Fed might want the money repaid, the DOE is a freebie.

    That reminds me, I have a solar startup they can ?invest? in. It involves me staying on beach soaking up the rays while I live a life of leisure on 500 million. Trust me it will be a very green operation!

  • After Seven

    Looks like the reason you can’t get money from the Fed is that you didn’t marry correctly. http://is.gd/aTc4hy