Posted AT 7:14 PM EST on 07/10/08
So, where do they get the money?
OTTAWA — Central banks around the world have pumped hundreds of billions of dollars into gummed-up credit markets over the past two weeks. On Tuesday alone, the U.S. Federal Reserve Board said it would find the financing to actually buy up commercial paper, a move that could cost up to $1-trillion (U.S.) more.
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