Home > Main > Why QE II? Bank Bailout.

Why QE II? Bank Bailout.

December 6, 2010

Ya know all those bonds the banks bought with borrowed funds earlier this year?  Well, buying something isn’t very useful unless you can sell it at a higher price.

Why in the world would the Federal reserve buy all of these Treasuries now? heh. Monetizing paper profits for banks: The Feds job #1

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