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Re: Fed ending bond-buying spree (NOT!)...

By: lkorrow in CONSTITUTION | Recommend this post (0)
Thu, 28 Apr 11 5:43 PM | 57 view(s)
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Msg. 12952 of 21975
(This msg. is a reply to 12949 by DueDillinger)

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Well that was good thinking. Liars, damn liars.




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The above is a reply to the following message:
Re: Fed ending bond-buying spree (NOT!)...
By: DueDillinger
in CONSTITUTION
Thu, 28 Apr 11 8:31 AM
Msg. 12949 of 21975

QE is not going to end at all; it's just going to be hidden from view. The Fed will 'reinvest' maturing debt into Treasuries to maintain the (ahem) 'stimulus'. Bernanke's statement is so much 'economic theater'.

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