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Daily Archives: October 13th, 2009

The Egocentricity of the Present Part 18 of 22

The Egocentricity of the Present Part 18 of 22
The term auction facilityknown by its acronym, TAFwas introduced in December as an entirely new approach to funding problems at banks. Those who are eligible for primary credit at the Feds traditional discount window can now bid at bimonthly auctions for term funds. So [...]

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