Federal Government is Monetizing a Staggaring Amount of US Government Debt - theeconomiccollapseblog.com
Excerpt from this article:
"The
Federal Reserve is creating hundreds of billions of dollars out of thin
air and using that money to buy U.S. government debt and
mortgage-backed securities and take them out of circulation. Since the
middle of 2008, these purchases have caused the Fed's balance sheet to
balloon from under a trillion dollars to nearly four trillion dollars.
This represents the greatest central bank intervention in the history of
the planet, and Janet Yellen says that she does not anticipate that it
will end any time soon because 'the recovery is still fragile.'"
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Recommended reading (my post):
Have You Checked Out Our National Debt Clock Recently?
None Dare Call it Conspiracy
