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Politics : Politics for Pros- moderated
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To: MulhollandDrive who wrote (469638)2/3/2012 12:39:05 PM
From: skinowski  Read Replies (1) of 794020
 
The Fed these days seems to be a slave of circumstances which it helped create. The government needs to "borrow" 1.5 Trillion dollars a year, just to keep up with expenses. The Fed MUST create enough money to be able to keep the bond prices high, and rates low. Both the government and the Fed have painted themselves into a corner... from which there may be no exit.
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