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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: alanrs who wrote (487166)5/15/2012 10:16:35 AM
From: LindyBill1 Recommendation  Read Replies (1) | Respond to of 793549
 
And it's a good deal getting money from the Fed at 0.1% (or from you and me at 0.5%) and loaning it to the government for 1.8%. A decent port in a storm.

That is why, crazy as it seems, having the Fed buy it's Bonds itself makes sense.