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To: allmost

They’re trying to do it without printing money - as that would result in hyperinflation.

But the Fed announcement that if the T-bill sales fail, then they would themselves buy the bonds or whatever means exactly that - that they have to actually print it.


5 posted on 04/13/2009 8:48:36 AM PDT by djf (Live quiet. Dream loud.)
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To: djf

They have to print more money. If they find exotic angles that sound better it doesn’t change the resulting necessary action.


7 posted on 04/13/2009 8:52:29 AM PDT by allmost
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