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What in the WORLD is the FED doing?!?
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Pofarmer
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.
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