Sunday, April 10, 2011

What If The Recovery Isn't The Most Important Thing?

Minyanville has an awesome post on this from whence these charts come.The Fed is monetizing our debt - printing money and handing it to the Federal Government. The chart below shows all the Treasuries bought by someone other than the Fed. The boxed section on the right shows the world after QE2 ends.As they print money, commodity prices are shooting up.Commodity inflation doesn't translate

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