In the last week over $50 billion was injected to primary dealers.
http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
$20 billion injected to primary dealers
- Thread starter S2007S
- Start date
I thought we had a free market?
Let the chips fall where they may, Mother Russia.
Let the chips fall where they may, Mother Russia.
Here's the problem with guy's posting "data' they don't understand. Don't take this wrong "2000" but you don't exactly strike me as a knowledgeable observer of the Fed's open market operations. 
There's been no acceleration of Fed repurchases since Feb.27.
In other words the Fed is not defending stocks.
The Fed has been defending any sub-prime fallout for several weeks.
Why?
Because the Fed exists on behalf of the banks.
I know pseudo-intellectual ET'ers just love to expound on banking-9/11 conspiracies. I suggest moving to a nation with an underdeveloped banking system. Imagine the blissful freedom of living somewhere that has no credit. Real Estate is nice and cheap because there's no mortgages, cars are inexpensive because everyone is driving 1981 Yugo's and restaurants are giving away meals since no patron has a bank issued credit card.
Of course wages only run several dollars a day but that's a small price to pay when one seeks liberty from those evil, imperialistic bankers!
There's been no acceleration of Fed repurchases since Feb.27.
In other words the Fed is not defending stocks.
The Fed has been defending any sub-prime fallout for several weeks.
Why?
Because the Fed exists on behalf of the banks.
I know pseudo-intellectual ET'ers just love to expound on banking-9/11 conspiracies. I suggest moving to a nation with an underdeveloped banking system. Imagine the blissful freedom of living somewhere that has no credit. Real Estate is nice and cheap because there's no mortgages, cars are inexpensive because everyone is driving 1981 Yugo's and restaurants are giving away meals since no patron has a bank issued credit card.
Of course wages only run several dollars a day but that's a small price to pay when one seeks liberty from those evil, imperialistic bankers!
Quote from Pa(b)st Prime:
Here's the problem with guy's posting "data' they don't understand. Don't take this wrong "2000" but you don't exactly strike me as a knowledgeable observer of the Fed's open market operations.
There's been no acceleration of Fed repurchases since Feb.27.
In other words the Fed is not defending stocks.
The Fed has been defending any sub-prime fallout for several weeks.
Why?
Because the Fed exists on behalf of the banks.
I know pseudo-intellectual ET'ers just love to expound on banking-9/11 conspiracies. I suggest moving to a nation with an underdeveloped banking system. Imagine the blissful freedom of living somewhere that has no credit. Real Estate is nice and cheap because there's no mortgages, cars are inexpensive because everyone is driving 1981 Yugo's and restaurants are giving away meals since no patron has a bank issued credit card.
Of course wages only run several dollars a day but that's a small price to pay when one seeks liberty from those evil, imperialistic bankers!
Take a vacation there and live LIKE A KING!!