"........... to help ensure that inflation, over time, is at
the rate most consistent with its dual mandate, the Committee will
continue purchasing additional agency mortgage-backed securities at
a pace of $40 billion per month."
In other words, let's print $40,000,000,000 of fiat currency
EVERY MONTH to keep inflation under control. ........BUY GOLD
& SILVER
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Absolutely Brilliant !!!
FOMC Statement - nothing out of the ordinary
Posted by evne01 on 24th of Oct 2012 at 02:38 pm
Excerpt from FOMC Statement:
"........... to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee will continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month."
In other words, let's print $40,000,000,000 of fiat currency EVERY MONTH to keep inflation under control. ........BUY GOLD & SILVER