Hidden American Debt

Readers,

The FED is dumping about 1 Trillion a year into our economy (Quantitative Easing) ….

They do it by ‘printing money.’

That is additional debt we will have to account for, money that is ‘off of the books,’ when they talk about the 17 Trillion dollar debt ….

http://ycharts.com/indicators/assets_total_assets_less_eliminations_from_consolidation

What should we do?

Wayne

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About Wayne

First, I blogged on blogger, then Myspace - soon I was consistently ranked. Next, I quit. Then the blogging addiction came back .... Comments are appreciated. Not nice comments are edited. You can follow me at the top right.
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