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Fed, worried about recovery, will buy US debt

21 pointsby startuprulesalmost 15 years ago

6 comments

ww520almost 15 years ago
Does this mean the foreigners have lost faith in the US government and stop buying the US debt? The Fed buying US debt is like the left hand buying from the right hand.
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mortenjorckalmost 15 years ago
Does this give the Fed more influence over treasury note yields? If it were to start buying in higher volume, I would think so.
stretchwithmealmost 15 years ago
i suppose it makes more sense to print money and lend it to itself than lending it to banks to lend to itself
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startuprulesalmost 15 years ago
massive printing of dollars, here we go!
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startuprulesalmost 15 years ago
The US government is printing/robbing you of your savings. Don't believe it for a second it will trickle down to you; the last batch of printing/bailout went to banks and shareholders.<p>On a side note, man, there's alot of sheeples on this board. Do you all like get up early in the morning to go to work and get robbed?
dsteinalmost 15 years ago
It's the financial equivalent of eating your own poop.