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Ash1972

Registered: May 2009
Posts: 432

09-25-11 12:20 PM

QE3, aka Operation Twist, is about both buying AND selling bonds, i.e. balance sheet neutral overall.

QE1 and QE2 were just about buying up tons of bonds and sticking them on the Fed's loaded balance sheet. No more, said the shareholders.

Yes, the Fed is a private company with shareholders, and is generally expected to turn a profit..

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