US Debt issuance for 2009 currently $1.51 trillion
At the beginning of 2007, January 2nd we had $8.678 trillion in outstanding public debt. One …
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Tag: department of treasury
Bank of America Loan Backstop
On January 16th 2009, Bank of America (BofA) disclosed with its first ever quarterly loss of …
Fed has purchased $252 billion of Treasuries
On Tuesday, August 11th, the Federal Reserve purchased an additional $2.7 billion of US Department of Treasury …
Fed Follows Through with Quantitative Easing Program
The two day Federal Reserve Open Market Committee meeting ended today. Fed official press release linked below. The …
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Government Debt Monetization Explained
When the government wants to spend money it does not have, there are basically three options, …