Skip to comments.REPORT: Fed Considering Some New Kind Of QE (WSJ)
Posted on 03/07/2012 9:43:28 AM PST by blam
REPORT: Fed Considering Some New Kind Of QE
March 7, 2012
This is on the top of the WSJ
The idea of the bond buying program being "sterilized" means that in addition to buying bonds, the Fed would also be selling assets (theoretically).
From the article:
Under the new approach, the Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. The aim of such an approach would be to relieve anxieties that money printing could fuel inflation later, a fear widely expressed by critics of the Fed's previous efforts to aid the recovery.
Basically, it sounds like operation twist.
The article goes onto stress that there's no decision that's been made up, and that this might never happen.
(Excerpt) Read more at businessinsider.com ...
the fed is the root of most of the world’s financial misery......they need to audit the fed, and arrest the perps, then close it down....
In fact, the Fed sent another $711 billion to the IMF on February 29, one of the largest dumps in history, the same day the precious metals market took a dive due to Fed and TBTF bank intervention.
Sure glad none of that qualifies as Quantitative Easing ... or we'd soon be in a world of inflation!
Of course...just in time to goose the market long enough to look good for 0bama...come next year, it goes to Hell and 0bama would get to implement his final solutions....lovely.
Debasing the currency used to carry the death penalty - for good reason. The Founders knew what disasters it would lead to.
I feel so sorry for Bernie Madoff. His ponzi scheme was such small potatoes compared to Helicopter Ben’s. Not even close.
They have no choice, who will buy the debt.
Now that is the whole truth.
translation: keep the faux-recovery going till at least mid-November by any means necessary.