Treasury auctions next week?? How much longer can they drag this out??
Hey everyone, its my first post on this board!! I’m kind of new to all this stuff and thanks to all you guys I’m slowy starting to figure out how things really work!!
It looks like they have around a 132 billion they are running through the treasury auctions next week. The last I hard they have burned through 285 out to the 300 billion they had printed up to keep the auctions going. My question for you guys is how much longer is that 15 billion going to last and what happens when they hit the 300 mark. According to Ben they will stop, but with everything collapsing down around them, how can that happen? If they announce another round of quantitative easing does the world panic and the dollar drop like a rock or does the world already assume they will just keep the printing machine going full speed ahead??