Fed Creating $4 Billion in New Money Each Day, Helping to Rig Stock Market
From TrimTabs Money Blog
January 30, 2013 - 2:19am
There's been a lot of talk about the Federal Reserve rigging the stock market. If you've been wondering, as I have, how it is being done, here's some terrific insight from our own David Santschi. David wrote in this week's TrimTabs Weekly Liquidity Review, “The Fed is exchanging about $4 billion in newly created money every business day for various types of bonds. All else being equal, the Fed’s bond buying puts more money in investors’ hands to buy other assets, including stocks.” Read More The post Fed Creating $4 Billion in New Money Each Day, Helping to Rig Stock Market appeared first on TrimTabs Money Blog.
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