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Post by avordvet on Apr 17, 2013 4:49:32 GMT -5
QE to infinity and beyond... Because as soon as they pop the teat out of the "takers" lips, the whole house of cards comes down. Fed Officials Stress Need for More Bond BuyingTuesday, 16 Apr 2013 04:57 PM Two voting members of the Federal Reserve’s policy-setting panel on Tuesday stressed the need to maintain record stimulus to keep the expansion going, and they cited a job-market slowdown as evidence of risks to the economy. www.moneynews.com/StreetTalk/Fed-Officials-Bond-Buying/2013/04/16/id/499793
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Post by safetalker on Apr 17, 2013 7:44:33 GMT -5
To prove their point they will begin to destroy FRNs this week and when the cash shortage gets to the emergency stages they will blame it on the Treasury policies interfering with their plan that was begining to work. The treasury is just one of the reasons the Fed has stopped printing boney and buying bonds to back it. The IMF has told them they will consider any bills printed after December 2010 as Fakes. Only if the Treasury can guarantee the Feds bills as not being based on Fiat derivitives can they be sold on the international market. This puts a hole in the Feds pocket to bail out their Foreign members with our money. Which said member then presents for payment in Non-US bills. Same game different positions.
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