The Undollar Digest

The Fed and Money

Doug Noland, www.prudentbear.com, 12/10/10
…[T]he attribute of “moneyness” in Treasury debt is on track to ensure the doubling of federal borrowings in the neighborhood of four years.  For this round, the “expanding gulf” is much more pernicious and the consequences of a crisis of confidence potentially more devastating [than the recent mortgage securitization boom].
“One myth that’s [...]


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