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Investments glossary

Pump Priming

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Quotes of the day:

Stay beautiful stay off drugs -Johnny Wowk AKA Johnny The Walker

— Johnny Wowk

Pump priming is the action taken to stimulate an economy, usually during a recessionary period, through government spending and interest rate and tax reductions. The term pump priming is derived from the operation of older pumps – a suction valve had to be primed with water so that the pump would function properly.



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