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It seems like a small thing but to the masses of people gripping their wallets, more poor than well off, this could pacify some of the fears of money tightening. Funny this ally won't affect the people who don't care about this, because they are losing their money in the stocks and housing, It is an interesting approach to see if they can push on the other side and stimulate the masses of poorer people to spend some money and thus the walmarts and markets will get a little punch and we;ll see if this slows the stock volatility.
some very smart economists in rooms probably came up with the idea so I have to give them the benefit of the doubt that they aren't just guessing with 200 billion. We'll see
Ross Quintana - Team Quintana Real Estate
Spokane Real Estate Expert
www.TeamQuintana.com