Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

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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