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El País - Spain | Wednesday, December 17, 2008

Will the US print more money?

The daily El País comments on the US Federal Reserve's drastic interest rate cut down to zero percent: "The question now is whether [Federal Reserve Chairman Ben] Bernanke will also increase the amount of money in circulation, and thus inflation, by printing more money. The answer is that it looks like the Fed chairman will stop at nothing to dispel the phantom of a depression. Yesterday's decision is convincing proof of this."

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