This is an extended excerpt from the Professional Edition Fed Report Executive Summary. Note: Pages 4-10 comments correctly updated at 3:55 PM NY time. The composite liquidity indicator rose sharply last week, driven by a big Fed settlement of MBS purchases. The uptrend in the indicator is accelerating. Over the course of this latest surge,…
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Ron Paul’s Debt Ceiling Plan
by Bears Chat at The Wall Street Examiner • • 0 Comments
Excerpt:
Paul’s plan starts with the Federal Reserve. In the last year or two the Fed has been buying up U.S. Treasury bonds in an effort to lower interest rates and boost the economy. The most recent round of that buying has been dubbed QE2, and has …
