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SUMMARY:
Often, the biggest consequence of Federal Reserve interest rate decisions isn't a consequence of the interest rate itself.  Instead, its a consequence of how the changing interest rate impacts investor psychology.  In the case of the 1920s and Tech Stock bubbles, the Fed created a new type of person - the "shin gin ri."

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"It is in the interest of tyrants to reduce the people to ignorance and vice.  For they cannot live in any country where virtue and knowledge prevail." - Samuel Adams

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