I think I will try to recommend this pos

December 3, 2009 by Dave Haynes

I think I will try to recommend this post to my friends and family, cuz it’s really helpful.
While the whole detailed explanation is above my pay grade, what I get from the financial blogs is that what will happen if the Fed is audited is that it will be revealed that it is not the Chinese who are buying our debt, it is the Fed. This news will destroy the market, expose the shenanigans going on behind the curtain and bring the whole thing crashing to ground. In short, we are buying our own debt.
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