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a misconception about FED's injection of money

(2007-08-16 21:19:24) 下一个
The FED injects money into major bank system to help liquility (资金周转)in difficult time. The money do not go to stock market at all. Some people's thinking of "政府买单,托市“ may be misleading. However, FED's action does have important pschological impact on stock market directly. Furthermore, the smoothing running of bank system helps stock market to certain degree too.
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