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osprey

08/13/03 11:01 AM

#140171 RE: S Chun-Li #140158

Buying bonds with newly printed money is considered inflationary. Printing more money is one way to increase the money supply. Since the Fed has been babbling about the imaginary deflationary dragon, that would be one way to kill two birds with one stone. Print money, buy bonds, interest rates drop, inflation increases.

If I can figure it out on I-hub in 5 minutes, beginning to wonder about AG and the Fed. How bright are these guys? The 10 year benchmark is really crashing today, 1 day after the fed meets and says it will keep interest rates low for a long while. No control and no credibility, also looks like no clue and no plan. And these guys are going to fix the broken economy? Not impressed.