sailingaway
12-05-2011, 10:55 AM
http://www.reuters.com/article/2011/12/04/us-eurozone-imf-fed-idUSTRE7B30X320111204
so more loans at zero so they buy our bonds at 3% interest and we are making a gift of the difference. And it covers up how much the Fed is increasing the money supply because it is bought by 'them' not us.
h/t drudgereport.
so more loans at zero so they buy our bonds at 3% interest and we are making a gift of the difference. And it covers up how much the Fed is increasing the money supply because it is bought by 'them' not us.
h/t drudgereport.