Fed decision: Recovery losing steam = The Fed's great something-flation debate

[mEDITate-OR:

not see the connection between the FED buying more 10yr TBills..

and RE mortgage interest rates.

This is however, a half way measure for smokers...

Note: that the FED is NOT buying any MORE bonds, only re-investing the funds from those that are paid off.

Also, however, note: that the FED is using the proceeds from the US$ 1.5 Trillion FMae&FMac securities to BUY more TBills.

Using RE funds to drive down the price of mortgage interest rates...!!!

Not all that a bad move.

The US$ 64 whatever-zillion question is...., will it work, or do we need more.

Being male, we always think we want more.

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Fed decision: Recovery losing steam
http://money.cnn.com/2010/08/10/news/economy/fed_decision/index.htm
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The Fed's great something-flation debate
http://money.cnn.com/2010/08/05/markets/thebuzz/index.htm
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