[CottonBall]

The devaluation that is inevitable will absolutely run us into hyperinflation beyond anyone’s belief.

yup - now we're buying our own bonds....that makes no sense whatsoever. Like you said, that speaks volumes that nobody else wants 'em.

Wish I bought more silver when it was at $10.30...

[TenthAmendmentChampion]

The Fed is buying Treasuries because Ben Bernanke wants to print more money (1.2 trillion dollars, to be exact). There was a money supply chart posted on FR a few days ago and it showed a sharp spike skyward within the last six months. They have increased the money supply by 100% in that timeframe: more than in the last 50 years all told.