Elk County Forum

General Category => Politics => Topic started by: Ross on March 27, 2013, 05:29:34 AM

Title: Trillions of dollars.
Post by: Ross on March 27, 2013, 05:29:34 AM
Europe's crisis buys time for Fed

A renewed flight to the safety of Treasurys on euro fears would keep the rally going and give the Fed time for an exit strategy.

Everything adds up

Here's the problem: The Federal Reserve, to provide liquidity in the days after the collapse of Lehman Brothers, stimulate the economy in the recovery from the financial crisis, revive the housing market and, finally, in an effort to turn a stumbling economic recovery into a self-sustaining period of growth, has, to put it crudely, printed money.

Trillions of dollars.

Read the whole story at:
http://money.msn.com/investing/europes-crisis-buys-time-for-fed