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Message
re: Fed balance sheet - a question
Posted on 8/17/10 at 4:11 pm to LSURussian
Posted on 8/17/10 at 4:11 pm to LSURussian
quote:
quote:
All of the treasury obligations, mortgages, etc. that the Fed buys in exchange for newly issued dollars.
This doesn't happen. You really need to read up on how the Fed works.
Done.
quote:
Open market operations--purchases and sales of U.S. Treasury and federal agency securities--are the Federal Reserve's principal tool for implementing monetary policy.
LINK
Looks like you were wrong.
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