Gaming Imaginary Money
Mar 1st, 2010 | By Linda Brady Traynham | Category: Featured, Morning Whiskey
Tuesday the Fed auctioned off another $37 billion in 4-week T-bills. My first thought was that this is reminiscent of "payday loans" shops, except the rate of interest is far lower when the question is, "Buddy, can you spare $37 Bil' until next month?" but the mechanics were very interesting ...read more
