“That’s a serious charge. You have any proof? “
OMG. Why do you think we are trying to audit them? How can we know unless we look?
“I see that your ignorance of how they buy bonds is comprehensive. “
They cannot pick who to buy bonds from but they can pick when to buy bonds. Which, if given information in advance, can help their buddies.
“Apparently, the parts I mentioned are available on a weekly basis, no need to wait for an audit.”
Bull, they don’t give all the information that is wanted of them. They may give some sometimes, but it isn’t available for an audit unless the federal reserve says it is which is ridiculous.
Lets see if Al Capone is cheating on his taxes. Lets ask him nicely for whatever records he might give. If he gives us anything he is “open” and deserves “independence” ROFL.
Let's recap: You were wrong about their announcement of interest rate targets, wrong about their release of info about purchases and sales and finally, wrong about how they buy bonds. I'm noticing a pattern here.
Which, if given information in advance, can help their buddies.
More proof you don't understand how they buy bonds from primary dealers.
Bull, they don’t give all the information that is wanted of them.
So we've gone from they don't give any info to they don't give all info. I guess that's an improvement.