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Fed meeting minutes

Discussions about the economic and financial ramifications of PEAK OIL

Fed meeting minutes

Unread postby heroineworshipper » Fri 28 Dec 2007, 15:10:23

BERNANKE: Here's a peculiar currency. Dollars

HILLARY: What are they?

PAULSON: We can't find a record of them being worth anything.

BERNANKE: I looked into it more deeply and I found what happened was they became worthless about five years ago and no one ever told the Americans about it. But through a glitch in the interest rate, they still get food. I went ahead and fixed the glitch.

HILLARY: Great. So um, the Americans have been let go.

BERNANKE: Just a second there, Mrs. President. We, uh, we fixed the glitch. So they won't be receiving food anymore. So it'll just work itself out naturally.

PAULSON: We always like to avoid confrontation whenever possible. The problem is solved from here on, then.
People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.
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Re: Fed meeting minutes

Unread postby Golgo13 » Sun 30 Dec 2007, 15:26:39

Haha, Office Space.

BERNANKE: "It is not the responsibility of the Federal Reserve - nor would it be appropriate - to protect lenders and investors from the consequences of their financial decisions."

*immediately qualifying that remark*

"But developments in financial markets can have broad economic effects felt by many outside the markets, so yyyyeaaah. I'm gonna have to go ahead and cut the rate again."

Good stuff, man.
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