Sunday, July 17, 2011

US debt battle: Showdown on Capital Hill - The Guardian

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US debt battle: Showdown on Capital Hill
The Guardian
Look at how many bonds the Fed has bought in the last 3 years, this is to mainpulate the interest rates downwards (QE1, QE2) and buying bonds on the secondary markets. Remove the Fed from the equation, and you'll see interest rates going up sharply. ...

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