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Then in March, the Fed said that it will begin buying long-term Treasury bonds on the open market, hoping to push down long-term interest rates (by increasing the amount of money available for long-term lending) and thereby stimulate borrowing. The implication is that the Fed will finan...
The job of Bernanke, Geithner, and Obama is to keep the rentier-financiers' imperial plunder regime in power. Ironically, whether or not Bernanke actually made those promises to Reid is irrelevant. Bernanke should never have put himself in the position to be accused. However, the key poi...
Wed, Jan 27 | from Mish's Global Economic Trend Analysis