FORGET RATES. LET'S PRINT MONEYFORGET RATES. LET'S PRINT MONEYMerrily we sail along into uncharted waters Uncharted Waters (Japanese: 大航海時代, Daikoukai Jidai, literally Great Navigation Era) is a popular Japanese video game series produced by Koei as part of its rekoeition games. . In a move unprecedented anywhere, the Fed on Dec. 16 said it was not only cutting its key rate to near-invisibility--a range of 0% to .25%--but also would now focus on reviving re·vive v. re·vived, re·viv·ing, re·vives v.tr. 1. To bring back to life or consciousness; resuscitate. 2. To impart new health, vigor, or spirit to. 3. the economy by pumping out a tsunami of cash. Among other actions, it pledged to buy "large quantities" of mortgage-related debt and possibly T-bonds. More grim numbers presumably pre·sum·a·ble adj. That can be presumed or taken for granted; reasonable as a supposition: presumable causes of the disaster. spurred the Fed: Consumer prices fell 1.7% in November, the most since records began in 1947, sparking fears of deflation deflation: see inflation. deflation Contraction in the volume of available money or credit that results in a general decline in prices. A less extreme condition is known as disinflation. ; and housing starts tumbled 18.9%, with no bottom in sight. On the same day the Fed acted, President-elect Barack Obama met with his team to design a stimulus program that could total as much as $1 trillion over two years. See PAGE 022 "The Fed's Fierce Battle Plan" 
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