U.S. bailout has pledged $11.6 trillion as of September 25th 2009 compared to $7.4 trillion as of November 24th 2008. Although down from $12.8 trillion on March 31st 2009. The Federal Reserve sharing a $5.8 trillion portion as of September 25th …
US Bailout Pledge up from $7.4 to $11.6 trillion Read more »
The two day Federal Reserve Open Market Committee meeting ended today. Fed official press release linked below. The majority of monetary policy programs stayed the same. Fed Funds rate will continue to be held at a record low of 0 – 1/4% …
Fed Follows Through with Quantitative Easing Program Read more »
When the government wants to spend money it does not have, there are basically three options, raise taxes, print money or borrow money. The Monetization of Debt involves the issuance of debt or simply known as borrowing money done by the …