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Perhaps never a more truthful 'lifting-the-veil' paragraph has been written by the squid

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 10 Sep 12 6:15 PM | 29 view(s)
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Msg. 43953 of 45651
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as the following discussion of just what NEW QE will consist of and what it will achieve; sad that our economy market has come to this.

"The form of any return to QE is less clear. The issue is not so much whether the Fed buys Treasuries or agency mortgage-backed securities; we are pretty sure that any new program would be primarily focused on agency MBS purchases. These should have a somewhat bigger per-dollar effect on private-sector demand and are probably less controversial with the public than Treasury purchases. They can be framed as help for homebuyers to achieve the American Dream, which sounds better than help for the government to run large budget deficits."
http://www.zerohedge.com/news/goldman-fed-perception-over-substance?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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