Fed Buys More Mortgage Backed Securities

FredHayek
Topic Author
Mountain Legend

12 Dec 2012 19:22 #1 by FredHayek

Fed Buys More Mortgage Backed Securities was created by FredHayek

Promising to keep interstate rates low until unemployment goes down to 5%. Looks like we will always have low interest rates until Obama moves on.

Thomas Sowell: There are no solutions, just trade-offs.

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archer
Mountain Legend

12 Dec 2012 19:27 #2 by archer

Replied by archer on topic Fed Buys More Mortgage Backed Securities

The unemployment figure the Fed used is 6.5%,

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FredHayek
Topic Author
Mountain Legend

12 Dec 2012 19:40 #3 by FredHayek

Replied by FredHayek on topic Fed Buys More Mortgage Backed Securities

Like Obama will achieve either...

Thomas Sowell: There are no solutions, just trade-offs.

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archer
Mountain Legend

12 Dec 2012 19:42 #4 by archer

Replied by archer on topic Fed Buys More Mortgage Backed Securities

Like you can ever be trusted to verify what you post.

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FredHayek
Topic Author
Mountain Legend

12 Dec 2012 20:13 #5 by FredHayek

Replied by FredHayek on topic Fed Buys More Mortgage Backed Securities

Obama went from 7.8% to 7.7% after four years, just ask LJ.

Thomas Sowell: There are no solutions, just trade-offs.

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LadyJazzer
Mountain Legend

12 Dec 2012 20:14 #6 by LadyJazzer

Replied by LadyJazzer on topic Fed Buys More Mortgage Backed Securities

Yeah... He's doing a helluva job cleaning up the poop that the Idiot Son left behind... Too bad you're too blind to see it.

Too bad you can't be trusted to verify anything you post.

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archer
Mountain Legend

12 Dec 2012 20:16 #7 by archer

Replied by archer on topic Fed Buys More Mortgage Backed Securities

FredHayek wrote: Obama went from 7.8% to 7.7% after four years, just ask LJ.

And that little tidbit has what to do with your posting that the Fed was waiting till unemployment reached 5%?

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LOL
Mountain Legend

13 Dec 2012 05:15 #8 by LOL

Replied by LOL on topic Fed Buys More Mortgage Backed Securities

Right now the Fed is saying 2015, or 6.5% unemployment, or 2.5% inflation. Its hard to keep up with Ben's numbers. The only certainty is he loves printing money and zero interest rates! Screw the savers!

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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