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Message
re: Fed balance sheet - a question
Posted on 8/17/10 at 3:45 pm to LSURussian
Posted on 8/17/10 at 3:45 pm to LSURussian
quote:
I can explain it to you, but I can't understand it for you.
Then please explain it to me. What is the fed using to buy the mortgage securities it is obtaining?
ME
quote:
All of the treasury obligations, mortgages, etc. that the Fed buys in exchange for newly issued dollars.
YOU
quote:
This doesn't happen.
What doesn't happen?
This post was edited on 8/17/10 at 3:47 pm
1
Posted on 8/17/10 at 4:03 pm to RaysGoodLiquor
Sorry, but I'm wasting my time and yours trying to explain the Fed to you when you don't understand basic monetary economics or how implementation of monetary policy works in the U.S.
It's like you're asking me to explain calculus to you when you don't know how to add or subtract.
Get yourself a basic monetary economics textbook, read it and then come back and ask questions.
It's like you're asking me to explain calculus to you when you don't know how to add or subtract.
Get yourself a basic monetary economics textbook, read it and then come back and ask questions.
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