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Fed begins monetizing the deficit - buying U.S. Treasuries
The People's Voice ^
| August 11, 2010
| Numerian
Posted on 08/11/2010 12:42:43 PM PDT by Marie
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1
posted on
08/11/2010 12:42:46 PM PDT
by
Marie
To: Marie
As someone here eloquently put it. They are using bad paper to buy bad paper.
2
posted on
08/11/2010 12:44:05 PM PDT
by
Proud_USA_Republican
("The problem with socialism is that you eventually run out of other people's money.")
To: Marie
I just saw a reference to this on FOX News a few minutes ago.
I don’t know why I’m surprised. People have been warning us that this will happen for the last couple of years. I guess I just couldn’t believe that these people could be so stupid.
I hope this is a one-time thing.
3
posted on
08/11/2010 12:44:51 PM PDT
by
Marie
(Obama seems to think that Jerusalem has been the capital of Israel since Camp David, not King David)
To: Proud_USA_Republican
Beck warned us they were going to do so how many months ago? But no! He is just an entertainer.
4
posted on
08/11/2010 12:45:59 PM PDT
by
mazda77
(Rubio for US Senate - West FL22nd - Hayworth for US Senate - Scott for FL Gov.)
To: Marie
5
posted on
08/11/2010 12:46:48 PM PDT
by
hosepipe
(This propaganda has been edited to include some fully orbed hyperbole....)
To: Marie
"I hope this is a one-time thing."
Oh, it certainly will be....until the next time.
To: Marie
what could possibly go wrong with this?
7
posted on
08/11/2010 12:47:33 PM PDT
by
sten
To: Marie
Roman Lead Coins and Wooden Nickels!
BUY JUNK SILVER NOW!
You HAVE BEEN warned.
8
posted on
08/11/2010 12:49:08 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: Marie
Such excessively low yields on government bonds have only been seen in deflationary economies like Japan has experienced for nearly two decades. This is in essence what the bond market is forecasting for the US economy." DING! DING! DING! We have aaaaahh winner!
9
posted on
08/11/2010 12:49:32 PM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Marie
The Federal Reserve, in announcing the results of this week’s meeting of the Open Market Committee, surprised the market by revealing it will begin purchasing US Treasury notes and bonds with the principal income it receives from its vast holdings of Fannie Mae and Freddie Mac mortgage securities.
So what they’re doing is buying teasuries with nothing.
To: sten
Weimar Republic 1923-issue 50 million mark banknote. Worth approximately $1 US when printed, this sum would have been worth approximately $12 million, nine years earlier. The note was practically worthless a few weeks later because of continued inflation.
11
posted on
08/11/2010 12:51:32 PM PDT
by
sten
To: Marie
Massive collapse straight ahead.
O-BA-MA!! O-BA-MA!! O-BA-MA!!
To: Marie
13
posted on
08/11/2010 1:02:33 PM PDT
by
True_Kon
To: Marie
This is not good news...............
14
posted on
08/11/2010 1:04:19 PM PDT
by
Red Badger
(No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
To: Proud_USA_Republican
Eating their own puke is more like it. When you can’t get foreign buyers of these securities, then you have to do something. You print more paper to buy paper you print yesterday.
15
posted on
08/11/2010 1:04:58 PM PDT
by
True_Kon
To: Marie
Fed begins monetizing the deficit - buying U.S. TreasuriesThe word 'begins' is a misnomer. The Feds have been doing a lot of that in the last year.
16
posted on
08/11/2010 1:05:37 PM PDT
by
TigersEye
(Greenhouse Theory is false. Totally debunked. "GH gases" is a non-sequitur.)
To: Marie
We could always borrow money from Zimbabwe..............
17
posted on
08/11/2010 1:06:37 PM PDT
by
Red Badger
(No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
To: Marie
The Federal Reserve, in announcing the results of this week's meeting of the Open Market Committee, surprised the market by revealing it will begin purchasing US Treasury notes and bonds with the principal income it receives from its vast holdings of Fannie Mae and Freddie Mac mortgage securities.
One of these two entities is requesting another $6 billion dollar bailout. And yet the fed wants us to believe that it can extricate $10 billion per month to buy US Treasuries, notes, and bonds.
Perhaps it can. Our own federal government sure can't.
18
posted on
08/11/2010 1:12:12 PM PDT
by
DoughtyOne
(It's not Rs vs Ds you dimwits. It's Cs vs Ls. Cut the crap & lets build for success, not failure.)
To: Proud_USA_Republican
It’s worse than that. It’s moving honest wealth, in dollars and equivalent, into the hands of the dishonest.
People who know who stocks work will understand this. Sometimes a self-dealing insider group gets hold of management positions of a public company. These insiders dilute the value of existing shares already sold to the public by issuing new stock which they ‘gift’ themselves by various means. Dishonesty has great leverage when this is permitted.
19
posted on
08/11/2010 1:19:00 PM PDT
by
bvw
To: Marie
This isn't stupidity.
20
posted on
08/11/2010 4:41:24 PM PDT
by
Clock King
(Ellisworth Toohey was right: My head's gonna explode.)
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