- Joined
- May 19, 2007
- Messages
- 1,246
- Reaction score
- 18
http://www.youtube.com/watch?v=5WC9CpdeHF8
at 4:45
Carl:We issued ahh....30 billion in 7 year notes this morning and yields are down. I mean the vigilantes, we always say, if they are so worried, why are they hiding?
Damon: Who did we issue those to?
Car: Whoever bought them. I mean the... point is supply came online and it was absorbed....
Damon: Who was that?
Carl: .....in a week where risk was off.
Damon: Who bought those bonds?
Becky: Who did buy it? Was it all the Fed? You think nobody bought?
Damon: Who bought those bonds?
Carl: Could have been the Fed, could have been the chinese japanese.
Damon: I dont think so. I don't think sales are taking place. Thats why QE2 Exists. They are issuing debt and printing paper and printing money because there is not the absorbtive capacity of the world to absorb the debt, and thats where we are.
at 4:45
Carl:We issued ahh....30 billion in 7 year notes this morning and yields are down. I mean the vigilantes, we always say, if they are so worried, why are they hiding?
Damon: Who did we issue those to?
Car: Whoever bought them. I mean the... point is supply came online and it was absorbed....
Damon: Who was that?
Carl: .....in a week where risk was off.
Damon: Who bought those bonds?
Becky: Who did buy it? Was it all the Fed? You think nobody bought?
Damon: Who bought those bonds?
Carl: Could have been the Fed, could have been the chinese japanese.
Damon: I dont think so. I don't think sales are taking place. Thats why QE2 Exists. They are issuing debt and printing paper and printing money because there is not the absorbtive capacity of the world to absorb the debt, and thats where we are.