The Fed’s Asset Purchases The Federal Open Market Committee (FOMC) announced another round of planned asset purchases earlier this month. The FOMC expects to buy another $600 billion in long-term Treasuries by the end of 2Q11 ($75 billion per month), in addition to the $35 billion per month in reinvested principal payments from its portfolio… Continue reading Prospective on Quantitative Easing & the Effect on Gold
Tag: Understand economic crimes
The Morality of Financial Crimes
A Complete Lack of Social Conscience The world suffered a tremendous shock in 2008 and 2009. Greedy and unconscionable financial industry executives did what they always do. They stole as much money from the unsuspecting as they could, and they paid zero attention to the effect of this theft on the societies that allowed them… Continue reading The Morality of Financial Crimes