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09:14 PM
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FED To Buy $500 billion to $1 trillion in government debt
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[quote:Anonymous Coward 785805:MV8xMjQyMjgzXzIwMjQ1NzQxX0EzMUVGMTg2] [quote:Anonymous Coward 1010900] [b]AWESOME BY FROM THE FED'S[/b] The Fed is buying Bonds, US Government Bonds. It doesn't get any safer. The interest return isn't much, but any profit earned is a profit saved. And the thing of beauty is that at the end of the bond term the Feds get back the capital they used to purchase the bonds, so its really not a debt, its more like an asset. The Federal Reserve turns National debts into National assets. GO USA! :hf: [/quote] not quite poster...fed is buying bonds because NO ONE ELSE WILL and that is the problem...not china, or any oil rich country wants dollars because the dollar is not the currency reserve in the world anymore...bad thing this printing dollars and buying up your own debt! bannana republic coming soon! [/quote]
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link to finance.yahoo.com
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