Worries Over Inflation Send U.S. Market Down

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Texas oil billionaire T. Boone Pickens, chairman of BP Capital Management, said he has delayed his plan to the world's largest wind farm blaming financing problems and transmission line limits.

At the time, and until this day, foreign banks with U.S. dollars would make low-interest loans in You.S. dollars to importers and exporters. Even though the dollars were never supposed to be repatriated, this country in the 1970s nonetheless on ought to to exchange these "credit"-created dollars for that gold we had been keeping on reserve at Fort Knox.

The Dow Jones Industrial Average received 14 points on Thursday, closing at 12,285 to enjoy a gain of 12 basis points (0.12 percent). The S&P 500 gained just one little basis point (0.01 percent) to be able to at 1,314. The Nasdaq Composite lost 5 basis points (0.05 percent) to stop the day at 2,760.

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