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

To: skinowski who wrote (520618)	11/8/2012 6:45:23 AM
From: FJB	Respond to of 793888

The Fed uses most of it to purchase US debt and mortgage backed securities. WSJ: Fed Buying 61 Percent of US Debt Mar 28, 2012 The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a Wall Street Journal opinion article published Wednesday. Fed Undertakes QE3 With $40 Billion Monthly MBS Purchases By Joshua Zumbrun - Sep 13, 2012 bloomberg.com