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question for the board, fed watchers, ras?
riptied - Sat, Jul 31, 2010 - 11:45 AM
What do the bears and fed watchers here think is the source of this "group"?
"This other group" that purchased $510 BBBillion via somewhere out of England....
How can this be anything other than Ben's Fed rangers using a side entrance to support US debt by going around the side door and creating false demand to make things look okay and keep interest rates down so the ballooning debt is kept from collapsing? I'd welcome any other logical explanation if there is one, thanks!
"This other group purchased $90 billion in 2008, but then turned up into hyper-drive its purchases to $510.1 billion of freshly minted USTreasury securities so far in the first three quarters of fiscal 2009. On an annualized rate of purchase, the catch-all category is on pace to buy $680 billion of USTreasurys this year, over seven times the 2008 level. So the murky vague "Other Investors" saved the day and financed a gargantuan amount of the USGovt deficit."
http://www.gold-eagle.com/editorials_08/willie072210.html
[ Post Last Edited By riptied on Sat, Jul 31, 2010 - 11:46 AM ]
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question for the board, fed watchers, ras?
riptied - Sat, Jul 31, 2010 - 11:45 AM
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