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Thursday, November 04, 2010

Fed Announces It Will Buy $600B In Treasuries

Today the Fed announces it will buy back $600 billion in Treasuries, a nuanced effort that aims to stimulate the economy by lowering interest rates.

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7 comments:

Anonymous said...

Again . . . creating money out of thin air.

Anonymous said...

they are destroying or economy. this will lead to hyperinflation. this is exactly what hitler did to create hyper inflation in the thirties. they must be stopped

Anonymous said...

If we are still here in two years to be able to vote out this arrogant and totally incompetent fool it will be only by God's grace!

Anonymous said...

If we are still here in two years to be able to vote out this arrogant and totally incompetent fool it will be only by God's grace!

Anonymous said...

Sorry,
They can't be stopped. They are the Masters of the Universe.

Good guys lose.

Anonymous said...

I love how your blaming this on the government. The Fed is not controlled by anyone, and the person heading it was appointed by Bush. The government can in no way control the Fed. Let's all take some government classes to refresh our memories.

Anonymous said...

Hitler didn't create hyperinflation, it was the German government before him that created it and lead to the German people blindly following Hitler. Also, Hitler's economic policies were working (building infrastructure and buliding a military) until the world economy collapsed around him leading to him blaming the Jews. Hitler then took our blueprint for how we got rid of the Native Americans, tweeked it and came up with his Final Solution.