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The American Empire in a Changing World



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Sunday, March 4, 2012

''Central banks' $9 trillion is global economic lifeline''

"Never before have the world's central banks sent so much money sloshing through the global financial system.
Over the past 3½ years, the central banks of the United States, Britain, Japan and the 17 countries that use the euro have pumped out so much money that their balance sheets have reached a combined $8.8 trillion. That's a record, by far."


from ap via usa today...

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