Fed To Buy $97 Billion In Treasuries

Posted on : April 13, 2011 By
Current Events Economics 

According to the New York Fed on Tuesday, the Federal Reserve will purchase approximately $97 billion of Treasuries and Treasury Inflation-Protected Securities from April 13th through May 11th. The purchases are all part of the second round of quantitative easing (QE2) program implemented by the Federal Reserve which some consider highly controversial.

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RSOP is the co-founder & Executive Editor of Radical Survivalism Webzine, as well as a Family Preparedness Consultant with over seven years of personal experience in the self-reliance game. RSOP's many preparedness roles within his own group include team mechanic, head of security, electrician, and project designer/engineer.