EbenGregory PSA: Fed to Buy Hundreds of Billions More in Bonds

First…know that the Federal Reserve is making a bold effort to invigorate the economy by announcing it will buy hundreds of billions more in Treasury bonds. And then…

EbenGregory was like…so let me get this straight. 900 billion total means the Feds print more money out of thin air and they are buying bonds with our future labor so we OWE that money back. We are indentured.

This is EbenGregory.com…telling you it’s tricky.

5 Comments

  1. avatar Anon says:

    So… Eben Gregory is now stealing people’s comments on youtube?
    “So much for the “fiscally responsible” government the republicans platformed on…

    900 billion total, that’s almost a TRILLION for basically…NOTHING according to S&P!

    You do know how the fed does this, right? They print more money out of thin air, it’s backed by future income taxes or OUR LABOR. That’s right, they are buying bonds with our future labor so we OWE that money back. We are indentured.

    Thats what we get for having a fiat currency”
    [Poster: GuerrillaFighter12]
    [Posted: 2 days ago]

  2. avatar MrMalik says:

    I’m sure we can blame this on illuminati somehow.

  3. avatar Phever says:

    Slavery without shackles.

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