Posted on 11/01/2010 5:35:57 PM PDT by Nachum
The New York Fed, the branch of the Federal Reserve System that implements monetary policy, asked about expectations for the size of the program and the time over which it would be completed, according to a survey obtained by Bloomberg News.
(Excerpt) Read more at billionaires.forbes.com ...
Actually, it is business week...
The list, ping
Let me know if you would like to be on or off the ping list
Darn, I thought they were buying the military new transport planes.
Tim will need to print up more IOU s
To keep the interest rates down,
Ben will have to cover trillions of tim s
IOU s
Ben should put a hose in his butt and breathe his own gases. That is what the FED is doing.
bubble...bubble...bubble...
The Fed is expected to spend $500B to buy their own IOUs. So where does the $500B come from? More IOUs? It doesn’t make sense.
Bye Amerika(a subsidiary of Goldman Sachs)
I have been around here a long time. I lurk more than I post.
I haven't posted in sometime but no one and I mean no one has made me as laugh as hard as you did with that post.
It was pretty funny, wasn’t it. Yet strangely informative also. COT60s just has a way with words and images, I guess.
Glad you liked it. It is such an appropriate way of explaining how the FED and the government are keeping things going.
I wish I could claim credit for it, but alas, I read it somewhere several months ago.
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