The Federal Open Market Committee (FOMC) meeting on December 12, 2012 ushered in yet another round of quantitative easing, with the central bank planning to purchase an additional $45 billion worth of “longer-term Treasury securities” on top of the $40 billion worth of mortgage-backed securities (MBSs) the Fed has been purchasing on a monthly basis since September. The newly adopted measure is meant to fill the gap left by the expiration of Operation Twist.
Taking a Look at the Fed's Latest Round of Monetary Debasement - Tea Party Nation
Delves into the socioeconomic and political forces destroying our Country.
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