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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (9632)3/7/2004 5:56:10 PM
From: Haim R. Branisteanu   of 110194
 
>>>What a huge cost however.$20B<<< NO huge cost at all they generated more electronic bytes to buy US treasuries..... that's all. It is all out of thin air not out any ones pocket .... so they made every one holding JPY little bit poorer at ZERO cost to the BOJ who will collect interest on the treasuries
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