Stewie
01-28-2009, 05:51 PM
Fed says prepared to buy debt to aid economy.
The Federal Reserve on Wednesday inched closer to buying U.S. government bonds in a new front in its fight against the credit crisis and signaled unease over the risk of deflation with the economy weakening.
http://news.yahoo.com/s/nm/20090128/bs_nm/us_usa_fed_policy_9
Another bubble-headed story. Deflation is IMPOSSIBLE with this scenario. Deflation is NOT falling prices. Deflation is a contraction of money. The USA is expanding/creating money at an unbelievable rate.
Welcome to inflation. It's quite apparent that China has had their fill and the Fed will monetize debt. Be prepared.
The Federal Reserve on Wednesday inched closer to buying U.S. government bonds in a new front in its fight against the credit crisis and signaled unease over the risk of deflation with the economy weakening.
http://news.yahoo.com/s/nm/20090128/bs_nm/us_usa_fed_policy_9
Another bubble-headed story. Deflation is IMPOSSIBLE with this scenario. Deflation is NOT falling prices. Deflation is a contraction of money. The USA is expanding/creating money at an unbelievable rate.
Welcome to inflation. It's quite apparent that China has had their fill and the Fed will monetize debt. Be prepared.