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To: blam
QE has absolutely positively NOTHING to do with the jobs report. The sole purpose of QE is to finance government deficit spending while keeping interest rates low. If government had to compete on the open bond market in order to raise $1.5 trillion in dollars each year, every year, then they would have to set interest rates above 20%. With QE, they no longer have to entice lenders with high interest rates.

That's it in a nutshell. It's all about funding government - not fueling the economy.

43 posted on 09/07/2012 12:24:23 PM PDT by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: Hoodat

That’s right, and that funding is flooding price pressures on all essentials, food, fuel, etc., The reason for the fascist plan and their enablers for the 2014 Extortion-Care heist of HillaryRomney.


45 posted on 09/07/2012 12:50:38 PM PDT by Varsity Flight (Extortion-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: Hoodat

I agree that QEW(hatever) is about funding....funding O’s campaign and paying off what few large donors they have.


46 posted on 09/07/2012 1:53:02 PM PDT by Jane Long (Soli Deo Gloria!)
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To: Hoodat
If government had to compete on the open bond market in order to raise $1.5 trillion in dollars each year, every year, then they would have to set interest rates above 20%. With QE, they no longer have to entice lenders with high interest rates.

In the last 12 months, the debt rose $1.36 trillion. Over the same period, the Fed sold $10.983 billion in treasuries. It doesn't look like the Treasury needs the Fed's help to sell bonds right now.

Fed Balance Sheet 9/8/2011

Fed Balance Sheet 9/6/2012

55 posted on 09/09/2012 7:47:53 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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