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Monday, September 26, 2011

The FED


The FED will be busy "twisting" 400 billion of short term treasuries into longer term mortgage securities. This will keep it occupied for a while. The FED will not come around to printing more money until next spring, at least.

On Fri, Sep 23, 2011 at 12:35 AM, I wrote:
The market needs to plunge & plunge in order to pressure the Fed into printing more money.


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