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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (4061)	2/7/2008 6:01:16 PM
From: Tommaso	Read Replies (1) \| Respond to of 71456

I believe that's one of the Fed's classic functions, to save the Treasury's bacon in the event of an auction failure. But I keep forgetting my lower-level economics.

To: Real Man who wrote (4061)	2/7/2008 8:43:44 PM
From: RJA_	Read Replies (1) \| Respond to of 71456

>>Kewl. I guess more work for the printing press. I sure would like to know what exactly does it mean - the Federal reserve bidding on Treasury auctions. Maybe they are bidding for someone, but, naturally, I am suspecting the worst. Vi -- I often suspect the Fed is bidding, especially in light of Bernankes speeches... but do you have proof of same? I have reviewed the past posts and I dont see it. Could you point it out to me? Thanks, very important IMHO.