Friday, February 11, 2011

Denise Milani Skin Be

When words no longer suffice

What makes the Fed?

applies after the last graphic on the page:
"To put these claims in context, note that in the 2nd quarter of 2009, the Fed's absorption of Treasury debt amounted to 48 percent of the new debt issued in that period"

around one trillion bonds as a "safety" was bought by its own central bank and for that task more paper money. As I wrote more than 100% growth.


Deadly.

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