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Yep, ECB is doing it. JCB has been doing it for maybe what? 10 years? Buy the bonds, pump the cash into the banks. That worked so well in 2009, didn't it? Don't worry, the third time will be the charm. ----- Original Message ----- From: "Vladimiro Giacche'" <md1...@mclink.it> To: <sartes...@earthlink.net> Sent: Wednesday, November 03, 2010 2:35 PM Subject: [Marxism] the USA are buying their own T-bonds ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
