<<the Fed conjured up that money from thin air. It's a dilutive addition to the money supply.>>
No argument there, Sarmad......but not sure how home loans has anything to do with foreign buying of Treasuries.
And on the amounts, the Fed report last week showed that their holdings of Treasuries for foreign Central Banks has expanded by almost $250 billion this year (as of a couple of weeks ago) to something over $1 trillion.........And NOT ALL are kept for safe-keeping at the Fed.
,,,,,,,but, hey.....what's happening ?......I'm just a lurker here (..and BTW, we've got to do something about our WDC, Sarmad) |
