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Fed off the deep end

By: lkorrow in CONSTITUTION | Recommend this post (0)
Wed, 07 Mar 12 9:35 PM | 29 view(s)
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Msg. 17618 of 21975
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Federal Reserve officials are considering... print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates.... to relieve anxieties that money printing could fuel inflation later, a fear widely expressed by critics of the Fed’s previous efforts to aid the recovery.

http://online.wsj.com/article/SB10001424052970204276304577265803925182234.html?mod=djemalertNEWS




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