Prices are going up…

The Fed announced that they will continue Quantitative Easing until unemployment drops below 6.5%.

Low Interest Rates for Everybody!

Here’s the deal:

It (the Fed) will  buy mortgage-backed securities at a rate of $40 billion a month. It will buy longer-term Treasury securities at a rate of $45 billion.

At $85 billion per month, the total amount that the Fed will increase the money supply by is $1.02 TRILLION in 2013.

Winter is coming…

Advertisements


Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: