
DLR is just beginning to touch the surface with it's man in the streets. The Treasury Department, for the first time in its history, said it would begin selling bonds for the Federal Reserve in an effort to help the central bank deal with its unprecedented borrowing needs. One problem though... Why is the Treasury issuing U.S. government bonds (or debt) to fund the Fed, which is itself supposedly “the lender of last resort” created to fund the banks and the federal government. Check out the rest of the article to see what is going on in the world today. MAN!!!!
1 comment:
OH BOY, this shyt is wild...
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