Foreign Policy Blogs

Tag Archives: Obama stimulus

FOMC Says "Start the Presses!"

FOMC Says "Start the Presses!"

The FOMC today announced plans to buy $300B in treasuries and up to $750B in mortgage-backed securities, effectively agreeing to print a trillion dollars. Well, we knew the money had to come from somewhere. When the federal government wants money, there are four places they can get it: 1) Take from other parts of the […]

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