To: JustTheTruth
The Fed will keep buying bonds to monitize Federal debt forever, and will buy mortgage debt until all of the banks who own true crap mortgagesBut the Fed doesn't buy crap mortgages from banks.
22 posted on
12/12/2012 3:31:21 PM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: Toddsterpatriot
But the Fed doesn't buy crap mortgages from banks
LOL....that's funny. Bernanke is buying them and the banks are selling them. It doesn't matter who is in the middle of the transaction. All the fraudulent mortgage paper is going to end up on the Fed's balance sheet - it's where that $hit will all be buried forever.
Have you figured it out yet Toddster? The ponzi scheme should be obvious even to you at this point. Bernanke is going to paper over everything, and pay 100% of the cost of the federal government too while he's at it.
QE will not stop until the dollar is totally destroyed, they can't stop now. The event horizon has been passed. HAHAHAHA. Even you must have bought some gold by now. Too bad you didn't start when I told you to years ago. Gold has been and will continue to kick the $hit out of stocks...and every other asset class.
25 posted on
01/04/2013 10:30:01 PM PST by
dollarbull
(why are paperbugs so bad at history?)
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