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To: MythMan who wrote (384063)4/13/2009 4:36:39 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
The printing started in December and accelerated in April.
So much has been printed in the last couple of weeks that I
would not place any bearish bets. I recall when 8 billion
printed caused huge fireworx, but that was when the bubble was
still going. Things are surely different now. So are the
amounts. -g-

stockcharts.com

newyorkfed.org

This was all bot with new money.

Mortgage-Backed Securities 236,651,024.1

Hehe:

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current
face value of the securities, which is the remaining principal
balance of the underlying mortgages.


While this does not seem like much, Fed money is power money
without corresponding debt leverage.