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To: Toddsterpatriot

They do have google to help find this kind of stuff, but here’s a chart for you from the St. Louis Fed. Looks like exponential growth to me.

http://research.stlouisfed.org/fred2/series/charts/customchart/?series_id=FDHBFRBN&cid=5&fgid=&fgcid=&ct=&pt=&cs=Medium&crb=on&cf=lin&range=Max&cosd=1970-03-31&coed=2007-03-31&asids=+%3CEnter+Series+ID%3E


56 posted on 07/19/2007 10:23:04 AM PDT by richalessi
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To: richalessi
Looks like exponential growth to me.

(hint - if you want to “set” or “control” interest rates, you buy bonds to keep rates down. look at the balance sheet of the fed and see how their inventory of bonds has been piling up. they are printing money to buy these bonds - this will cause yet more inflation)

You think $800 billion in bond purchases, $300 billion since 9/11, would be enough to pull the "true" interest rate from 15% (your rough inflation rate in post #44) down to 5%? In a $13 trillion economy? That's funny!

I wonder how much extra debt was issued since 9/11? I guess if you issue $200 billion and the Fed buys $100 billion, in your mind that would keep rates below the "true" rate?

59 posted on 07/19/2007 10:35:16 AM PDT by Toddsterpatriot (Why are protectionists, FairTaxers and goldbugs so bad at math?)
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