Group: pl.soc.polityka · Group Profile · Search for oto jak Amerykanska gospodarka kona na oczach reszty in pl.soc.polityka
Author: muto2100
Date: Mar 12, 2008 05:37
Fed will be buried in debt Posted by Michael S. Rozeff at March 11, 2008 09:11 AM The Fed is taking up mortgage debt, bad paper. But the Fed (and foreign Central banks) cannot possibly absorb all the bad or deteriorating debts in the world onto their own balance sheets. These debts grew at very high rates for a long time, and their amount is huge. To take them up by creating money will ...
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