Jesse's Café Américain

"The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Plunder, rape, and murder they falsely call empire; and where they make a desert, they call it peace."
Tacitus, Agricola

Showing posts with label Fed Programs. Show all posts
Showing posts with label Fed Programs. Show all posts
08 July 2010

What Next from the Fed: the Obvious, More of the Same, Secrecy, and Inevitably Devaluation

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I suspect that this is a 'trial balloon' story that the Fed sends out as a means of informing its constituents about the likely path...
23 February 2009

The Fed's Balance Sheet Strategy to Support Qualitative Easing: A Synopsis

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“They [the Fed's financial crisis programs] all make use of the asset side of the Federal Reserve’s balance sheet. That is, each involve...
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