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In reply to the discussion: Privatizing Money [View all]
 

banned from Kos

(4,017 posts)
1. Recced. I take this as an endorsement of Bernanke - he did exactly what you suggested.
Thu Dec 22, 2011, 10:29 PM
Dec 2011

Bernanke/Fed bought $1.623 trillion of US Treasuries and $908 billion of federal agency bonds. All of the Fed QE was used on the US Government.

(source below)

http://en.wikipedia.org/wiki/Federal_Reserve_System

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