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What We Learn From a Play-Money Auction

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Daily Article: Monday, October 13, 2008 by Bart Fuller

A play-money auction serves as a good example of what we now face. With the passage of the Emergency Economic Stabilization Act of 2008, the Fed is poised to accelerate the redistribution process at a rate not seen in our lifetime. Those who will be hurt the most, of course, will be those who do not receive the new money.
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