Thursday, May 28, 2009

The Debts of the Spenders: A Closer Look at the Fed's Bond Purchases

Old news for some. Recent news for others.

For all its shortcomings, the NY Fed is remarkably transparent about its bond purchases (quantitative easing). You can find a history of their purchases here:

http://www.newyorkfed.org/
markets/pomo/display/index.cfm
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