Federal Reserve Not QE

A day by day chronicle of the Fed’s QE New Madness

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Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of…

It’s So Not QE – POTOMOMO Update for December 18

Here’s an update of “It’s So Not QE,” brought to you by the good folks at the Federal Reserve, providing welfare programs for crooked bankers and other economic parasites since 1913. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall…