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To: Venditâ„¢ who wrote (41694)12/12/2012 3:20:29 PM
From: Keith Feral  Read Replies (1) | Respond to of 222287
 
FED is buying all the bonds from the Treasury these days. They need to accumulate more of the national debt. $3 trillion this year to $4 trillion next year on their balance sheet.



To: Venditâ„¢ who wrote (41694)12/12/2012 5:11:27 PM
From: ggersh  Read Replies (1) | Respond to of 222287
 
It costs us $35 a crack to write a check that bounces
now if instead of it being called a check and we change
it to a Bond we'd be our own Fed.