[Toddsterpatriot]

The Fed doesn't buy Treasuries at auctions.

You are wrong; you should try to educate yourself about how the Fed works.

OMG! Hilarious!

For example, they bought ~$122 billion in the late March auction alone.

Maybe you need to look up the word auction?

Yes, the Fed buys Treasury securities. No, they do not buy them at Treasury auctions.

Glad I could help. Let me know if I can answer any questions for you, before you make any more stupid claims.

[Technogeeb]

The Fed doesn't buy Treasuries at auctions.

You are wrong, and you missed the whole point of the original post and the reason for why it is important for the Fed to publish M3.