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Add-on/edit to post 2415

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royg1927 Member Profile royg1927 Member Level 
Wednesday, August 01, 2012 3:33:25 PM
Re: royg1927 post# 2415 Post # of 7973 
Add-on/edit to post 2415

One item deserving interest (IMO) is the Federal Reserve Monetary Base appearing in the lowest left corner box.

$T 2.678 shown is the amount of money the federal reserve has created in recent years and used to purchase Treasury bonds (mostly) as well as other obligations such as Fannie and Freddy notes, all of which are (were) intended to protect/stimulate the economy.

I have several other links having to do with the Treasury, the Federal Reserve and monetary policy that I will gladly post for anyone who might care to study further.

They could be of useful factual enlightenment possibly related to the threatened year-end "Fiscal Cliff".


Roy
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