U.S. Government Debt Monetization
From Recent Commentaries | Safehaven.com
January 18, 2013 - 1:42pm
The Federal Reserve buys or monetizes US government debt - US Treasury and Agency securities, the latter representing the now unconditionally government-guaranteed debt of Fannie Mae and Freddie Mac - simply by writing a check on itself ...
Continue reading this article »
Share This Article: