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2010-08-17 China-Japan-Koreas

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Posted by Nimble Spemble 2010-08-17 17:43|| || Front Page|| [3 views ] Top

#1 That's a lot of paper to put on the street.

It doesn't go on the street it get bought up by the Fed using newly printed dollars. Something that doesn't look like stopping until either inflation spikes up or the USD falls sharply (probably both together).

In essence this is a trillion dollar gamble that deflation will be around for a while.

Posted by phil_b 2010-08-17 19:26|| 2010-08-17 19:26|| Front Page Top

#2 That paper is Treasury notes converted to Federal Reserve notes. More liquid. You can buy things with them. Like Euros. Right before an election.

Posted by Nimble Spemble 2010-08-17 19:41|| 2010-08-17 19:41|| Front Page Top

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