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To: DelaWhere; nw_arizona_granny; CottonBall; All

Fed Buys $7.37 Billion in Treasurys

http://www.freerepublic.com/focus/f-news/2228054/posts


6,442 posted on 04/13/2009 9:26:38 AM PDT by Eagle50AE (Pray for our Armed Forces.)
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To: Eagle50AE

>>>Fed Buys $7.37 Billion in Treasurys<<<

A couple of computer entries = $30.954 Million in interest payments at .42% interest.

Not bad for 5 minutes work by the Fed.....

Imaginary money but real interest...

Feel bad for grandkids and great grandaughter...

Can I say Arrrrrgh again?


6,443 posted on 04/13/2009 9:46:33 AM PDT by DelaWhere ("Without power over our own food, any notion of democracy is empty." - Frances Moore Lappe)
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To: Eagle50AE

Fed Buys $7.37 Billion in Treasurys<<<

Not a surprise, no one else will do so.

I feel like I live in a Monopoly money world.


6,478 posted on 04/14/2009 1:50:10 AM PDT by nw_arizona_granny ( http://www.freerepublic.com/focus/chat/2181392/posts?page=1 [Survival,food,garden,crafts,and more)
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