Friday, March 18, 2011

90% of US deficit financed by Government Central Banks?

What happens when these Central Banks, including the Fed, determine they can no longer print money?

The fools in Congress are pushing us closer and closer to edge of the cliff. 

Furthermore, we ask: who is going to finance the U.S. budget deficit when QE2 ends, especially at a sub 3.50 percent 10-year Treasury rate? Bill Gross knows!