dgibby
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Wed Nov-03-10 01:21 PM
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Fed to buy up $600Billion in US Govt debt.
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aquart
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Wed Nov-03-10 01:22 PM
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kenny blankenship
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Wed Nov-03-10 01:26 PM
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2. No - the money is begotten out of thin air |
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http://en.wikipedia.org/wiki/Quantitative_easingThis will go straight into the stock market to continue the illusion that we have what solvent countries call an economy.
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dgibby
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Wed Nov-03-10 01:26 PM
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Probably just printing more money. The dollar's declining anyway.
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nadinbrzezinski
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Wed Nov-03-10 01:27 PM
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4. Yes from those who hold it |
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China, major bond holders, things like that.
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HereSince1628
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Wed Nov-03-10 01:29 PM
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5. Silliness, the Government's commercial loan arm is picking up debt |
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from the government's non-commercial arm, and calling it reduction in Federal Debt. As if the US Gov't isn't 100 percent behind 100 percent of the risk assumed by the fed.
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DU
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Tue Apr 30th 2024, 12:17 PM
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