So, the Fed announces that it’s going to purchase $600,000,000,000 in Treasury bonds, since the rest of the world (read “China”) has decided that America isn’t a good risk anymore.
Remember this?
Don’t think QE2, but Titanic.
The Smallest Minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities. – Ayn Rand
So, the Fed announces that it’s going to purchase $600,000,000,000 in Treasury bonds, since the rest of the world (read “China”) has decided that America isn’t a good risk anymore.
Remember this?
Don’t think QE2, but Titanic.