Use access key #2 to skip to page content.

lquadland10 (< 20)

Tick Tock.

Recs

11

July 25, 2012 – Comments (3) | RELATED TICKERS: GS , JPM , MS

We are now at 15.9 Trillion and oh we passed the pesky Debt Limit. www.usdebtclock.org

This is why I was asking about QE 3. Who will buy the debt when we raise it again. Oh yes. The private bank called the FED. 

3 Comments – Post Your Own

#1) On July 25, 2012 at 11:46 AM, chk999 (99.97) wrote:

When the Fed makes a profit, where does it go?

Report this comment
#2) On July 25, 2012 at 12:10 PM, motleyanimal (48.85) wrote:

The Fed gives  any profits to the Treasury.

Report this comment
#3) On July 25, 2012 at 5:52 PM, chk999 (99.97) wrote:

motleyanimal gets it right! This is why calling the Fed a private bank is a serious distortion of reality.

Report this comment

Featured Broker Partners


Advertisement