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To: Toddsterpatriot

Rather than get into a mathematical pissing contest, let me just say that your statistics come from the same bunch of clowns that give us the unemployment rate, the rate of inflation and the weekly jobs statistics.

There is no way in hell that the Fed can be QEing us to death and end up holding less than a year ago. They are reclassifying categories and moving stuff from one column to another. No less a slight of hand than a government that claims $1/2 Trillion in Fannie/Freddie liabilities aren’t part of the deficit. Or that there is some mythical “surplus” of SS funds because the money was loaned to and spent by the federal government and in return this “trust fund” is populated with a bunch of less than worthless IOUs that aren’t even required by law to be paid back.

Enough of my rant. The Fed is buying a shitload of Treasuries. They can call it want they want, it’s happening.

It’s like sticking a hose up your butt and breathing your own farts and calling it oxygen.


43 posted on 09/27/2012 6:36:03 PM PDT by ChildOfThe60s (If you can remember the 60s....you weren't really there)
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To: ChildOfThe60s
your statistics come from the same bunch of clowns that give us the unemployment rate, the rate of inflation and the weekly jobs statistics.

No they don't. And keeping track of the amount of bonds you buy is a lot less subjective than estimating unemployment, inflation or weekly jobs.

There is no way in hell that the Fed can be QEing us to death and end up holding less than a year ago.

I see you've confused talking about QE with actually doing QE.

The Fed is buying a shitload of Treasuries.

No they aren't. Not today and not in the last year.

It’s like sticking a hose up your butt and breathing your own farts and calling it oxygen.

That may explain your poor math skills.

44 posted on 09/27/2012 6:58:03 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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