Congrats! Here’s $600 Billion Dollars…

November 3rd, 2010

…of money out of thin air.

The Fed announces today:

“[Central Banks] will buy $600 billion in long-term Treasuries over the next eight months, the Fed said Wednesday. The Fed also announced it will reinvest an additional $250 billion to $300 billion in Treasuries with the proceeds of its earlier investments.”

Thomas Hoenig was the lone soul in the Fed branches suggesting a different approach.

About the Author: megan

Megan is the Marketing Manager for Silver Circle who spends endless amounts of time on making sure the word gets out about this film and graphic novel! As a liberty activist since '08 she also has gained a passion for advancing liberty in her personal life and helping others to do the same. Questions about getting involved with the film, events, liberty, and hip-hop can go straight to her!