Wednesday, August 26, 2009

How The Federal Reserve Is Monetizing Debt

"There are three major tripwires strung across our landscape, any of which could rather suddenly change the game, if triggered. One is a sudden rush into material goods and commodities, that might occur if (or when) the truly wealthy ever catch on that paper wealth is a doomed concept. A second would occur if (or when) the largest and most dangerous bubble of them all, government debt, finally bursts. And the third concerns the dollar itself. This report explores the relationship between those last two tripwires, government debt and the dollar."

How The Federal Reserve Is Monetizing Debt -- Seeking Alpha

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