Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: grania

Fed Sets October End for Bond Buying

http://www.freerepublic.com/focus/f-news/3178334/posts


7 posted on 07/13/2014 11:15:24 AM PDT by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Java4Jay; grania

The Fed is employing misdirection.

The Fed will continue to pump $1 trillion + *yearly* into the money supply. It may use multiple different mechanisms, but the money printing will continue unabated.

Because there is no alternative. Without the Fed’s magic money machine, the US government will be stuck with $1 trillion PER YEAR in unsellable T bills that no one but the Fed and some foreign central banks will buy.

Where is the government going to come up with 6% interest required to attract buyers? 1/3 of the money being “borrowed” now is used to pay the interest on......the borrowed money.


14 posted on 07/13/2014 12:22:46 PM PDT by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson