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Fed to buy $600 billion in bonds

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Fed to buy $600 billion in bonds

Postby skynet » Fri Nov 05, 2010 8:49 am

I keep asking... how far can the insanity go? And how deep will Americans let the Fed take them into debt. We are living in an abyss. It's beyond imagination. Isn't anyone ever curious about who pays the Fed back? Wow, the direction we've been heading is so destructive, I am surprised the US is still around. If you consider how much money the US owes, the US is technically poorer than the poorest country. I don't get it.

What the Fed is doing should be illegal, don't you think? How do they get to print trillions and trillions of dollars out of thin air, then sell it all to the US and make the US pay interest on it? Are they really above the law and there's nothing anyone can do about it? So is everyone suppose to get on their knees and bow down to the Fed?

Fed to buy $600 billion in bonds
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