Recommend Fed Creates Nightmare Scenario, Closes Eyes, Sings Trololo (Email)

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Contributed by Lee Adler, The Wall Street Examiner. The Fed decided to print $45 billion a month via purchases of Treasuries. In addition to the $40 billion it's printing via MBS purchases. And it will reinvest the proceeds of maturing MBS, $35-$40 billion. So $120 billion a month! And it might have created a nightmare scenario.

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