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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (76310)3/16/2008 7:33:56 PM
From: Mike Johnston  Respond to of 116555
 
Fed is giving money away left and right, new windows, new auctions, new facilities, exchanging Treasuries for trash, extending terms, accepting unknown collateral.

There is no transparency so neither you nor I can ascertain to what is really going on.

Now they are giving away $30 billion who knows for what and to whom.