Re: Fed to lend to CB’s in unlimited quantities

a name=”2008-10-13_cbs_top”> [Skip to the end] (email exchange) >    >   On Mon, Oct 13, 2008 at 3:00 PM, Craig wrote: >    >   Since nobody understand the local currency / foreign currency distinction and >   since these obligations are part of the normal financial commerce of these >   countries, is it possible that these loans will allow the markets to normalize, >    Yes. >    >   Allow the various governmental bodies to remove the [...]