Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
collateral
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Collateral Damage: QE3 and the Shadow Banking System
Rather than expanding the money supply, quantitative easing has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit.
