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Did the Fed Lie About QE 4?

- Graham Summer - Gains Pains & Capital

Assuming this is actually true, it would seem like inflation is LESS likely, since not as much new money, er, currency, would be created, but rather just borrowed. Unfortunately, this is still bankrupting the country and increasing the debt load, which will destroy us, as interest rates move up again, especially considering the short average maturity of federal debt.

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Début de l'article : It’s common belief that Bernanke and the Fed are printing $85 billion per month ($40 billion to buy Mortgage Backed Securities and $45 billion to buy Treasuries).After all, these are the policies that the Fed announced in September and December 2012, respectively. The only issue with this is that the Fed lied... Lire la suite

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