Whats another 1.5 Trillion?

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investorzzo's picture
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Whats another 1.5 Trillion?

 The printing presses will be working 'round the clock to fund purchases
of up to $300 billion in long-term Treasuries over the next six months
which, in combination with an increase in purchases of mortgage backed
securities and agency debt also announced today (an additional $850
billion total), should see the Fed's balance sheet swell to once
unthinkable levels


SkylightMT's picture
Status: Silver Member (Offline)
Joined: Sep 30 2008
Posts: 125
Re: Whats another 1.5 Trillion?

There's quite a bit of an uproar over this, even in the more mainstream news. Denniger has a good piece: http://market-ticker.denninger.net/


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