My grandfather had ALZHEIMER's. He would EAT EVERYTHING and anything that was around; then he wouldn't remember that he ate it and would demand to be fed again.
Read MoreBy putting downward pressure on interest rates, the Fed is TRYING to MAKE financial conditions more accommodative - supporting asset values and lower BORROWING costs for households and BUSINESSES and thus ENCOURAGING the spending that spurs job creation and a stronger recovery.
Read MoreThe Federal Reserve and other central BANKS have adopted broad PUBLIC POLICY objectives to guide the development and oversight of the payments SYSTEM. At the Fed, we have identified efficiency and safety as our most fundamental objectives, as set forth in our Policy on PAYMENT System Risk.
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