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

To: Toddsterpatriot
The Fed doesn't buy Treasuries at auctions.

You are wrong; you should try to educate yourself about how the Fed works. For example, they bought ~$122 billion in the late March auction alone.

LOL! When was the last auction where the Fed participated? How much did they buy?

So I guess that is an admission that you're not paying attention? Nice scam; hide the evidence (M3) and then claim that the since the easiest way to detect the crime is no longer available that the crime didn't happen.

Not that it matters any more, since the Fed is doing it openly now.

55 posted on 07/28/2009 12:12:24 AM PDT by Technogeeb (The only good Russian is a dead Russian. Rest in Peace, Solzhenitsyn.)
[ Post Reply | Private Reply | To 51 | View Replies ]


To: Technogeeb
The Fed doesn't buy Treasuries at auctions.

You are wrong; you should try to educate yourself about how the Fed works. For example, they bought ~$122 billion in the late March auction alone.

Really? I don't suppose you have a link to a real source?

61 posted on 07/28/2009 6:03:16 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 55 | View Replies ]

To: Technogeeb

Any luck proving your claim?


102 posted on 07/29/2009 8:23:32 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 55 | View Replies ]

To: Technogeeb
The Fed doesn't buy Treasuries at auctions.

You are wrong; you should try to educate yourself about how the Fed works.

OMG! Hilarious!

For example, they bought ~$122 billion in the late March auction alone.

Maybe you need to look up the word auction?

Yes, the Fed buys Treasury securities. No, they do not buy them at Treasury auctions.

Glad I could help. Let me know if I can answer any questions for you, before you make any more stupid claims.

129 posted on 08/02/2009 3:52:10 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 55 | 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