How well will Bernanke’s new “sterilized QE” idea work to support the bond market while reigning in inflation? Not well at all. Let us count the ways (and the unintended consequences)…
It’s now in the official house organ of the Fed, the Washington Post. Bernanke will be doing the Twist, and not at a Bar Mitzvah.
http://www.washingtonpost.com/business/economy/fed-considers-buying-more-long-
term-treasury-bonds-to-lower-mortgage-rate…
CNBC article excerpt:
But the goal to maintain economic stability will remain. So whether it’s called QE3, QE Lite or some other nickname, market pros believe Chairman Ben Bernanke will make sure the Federal Reserve remains ensconced in the market unti…
I am floating a trial balloon with this and I would like you to vote in my poll. I am not only the leader of TURD but I am a producer now and made a full length Movie overnight. It is G rated and fun for the whole family and called Do You Know Where Yo…
The Fed floated a trial balloon today on the idea of selling its own debt. Those of you who have been following these pages know…