As ghastly high as the Fed's plans are to purchase mortgage-backed securities as part of QE, the actual purchases are twice as high. Don't believe me? Check the New York Fed's own data:
http://www.newyorkfed.org/markets/ambs/ambs_schedule.html
The problem with unlimited QE and Operation Twist is eventually, there isn't enough debt for the Fed to purchase--they will have run out of things to buy. Then what? Well, print more, of course...
Showing posts with label asset purchases. Show all posts
Showing posts with label asset purchases. Show all posts
Thursday, November 15, 2012
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