05.02.2009 - ETF - The great inflation is coming
From Thestreet.com: The "Great Inflation" is coming. While that statement might seem odd in an environment where economic activity is collapsing and deflation threats remain, we need look no further than last week's statement from the Federal Reserve that it is intent on creating inflation and will do anything necessary to make it occur. The Fed indicated it will keep the size of its balance sheet at high levels, will continue purchasing large amounts of agency debt and mortgage-backed securities (MBS), and is prepared to purchase long-term Treasury securities..... Full Article: Source
Print