From Debt to the Penny:
Friday, March 08, 2013
Debt and more DEBT!!!!
In the past 5 days alone, total Federal Debt rose from$16.640 trillion to
$16.701 trillion as of moments ago: an increase of $61 billion in five days,
amounting to $198,697,068 for every of the 307 Dow Jones Industrial
Average points "gained" this week. Because remember: US debt is the
asset that allows the Fed to engage in monetization and as a result, hand over
trillions in fungible reserves to banks... mostly foreign
banks.
From Debt to the Penny:
From Debt to the Penny:
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