Posted 12/13/2012 10:52 (#2749502 - in reply to #2749482) Subject: Re: What in the WORLD is the FED doing?!?
Was watching PBS last night, NBR maybe? Anyway, said the fed is going to be buying 85 Billion a month in U.s. treasuries, or 1.02 Trillion per year. Gonna monetize the entire U.S. govt deficit. This can't be good.